Multiple Choice
The Federal Reserve Act
A) broke up powerful private financial institutions that were too powerful.
B) was a more powerful and centralized authority than a national bank would have been.
C) prohibited interlocking directories.
D) provided for government ownership of national banks.
E) was more in keeping with Roosevelt's concept of New Nationalism than with the promises of Wilson's New Freedom.
Correct Answer:
Verified
Correct Answer:
Verified
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