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What economic event led to the creation of the Federal Reserve?

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Answer:

Panic of 1907

Step-by-step explanation:

I promise. Just got it right on the assignment.

User Kyle Erickson
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By December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law, it stood as a classic example of compromise--a decentralized central bank that balanced the competing intrests of private banks and populist sentiment.

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User Peter Wauyo
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