What was the purpose of the federal reserve act apex answer. com?

The intention is to control the stream of cash and credit in the nation. The 1913 Federal Reserve Act was a U.S. enactment that made the present Federal Reserve System. The Federal Reserve Act proposed to build up a type of financial steadiness in the United States through the presentation of the Central Bank, which would be responsible for fiscal approach.

In the late fifteenth century, a major world power that established colonies in the era of old imperialism was france or germany or spain. their colonial activity was mainly limited to america or africa or asia.