the federal reserve was created in response to: the great depression the election of 1912 the bank panics of…
the federal reserve was created in response to: the great depression the election of 1912 the bank panics of 1907
Answer
Brief Explanations:
The Federal Reserve was established in 1913 mainly in response to the bank panics of 1907, aiming to provide a more stable financial system. The Great Depression occurred later, and the 1912 election was not related to its creation.
Answer:
The bank panics of 1907