212k views
4 votes
The Federal Reserve System was created in 1913 to *

balance the budget
control the money supply
O insure savings account deposits
Oregulate the stock market

1 Answer

3 votes

Final answer:

The Federal Reserve System was created in 1913 to control the money supply.


Step-by-step explanation:

The Federal Reserve System was created in 1913 to control the money supply. It is the central banking system of the United States and is responsible for managing the country's monetary policy. The Federal Reserve can adjust interest rates, provide liquidity to banks, and regulate the overall money supply to promote economic stability and growth.


Learn more about The creation and purpose of the Federal Reserve System

User MeanStreet
by
7.2k points