Question

The Federal Reserve Act of 1913 established the Federal Reserve System. What was the purpose of setting up the Federal Reserve System?
to strengthen the nation’s military forces
to build banks in every state
to oversee and regulate commercial banks
to do away with trusts

Answer 1

What do you think it is. @mollyy

Answer 2

http://en.wikipedia.org/wiki/Federal_Reserve_System

Answer 3

It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.

Answer 4

What does that tell you?

Answer 5

to do away with trusts?

Answer 6

http://www.thisnation.com/question/033.html
this is what i got

Answer 7

Nope.

Answer 8

key word is monetary

Answer 9

if it is strengthening money it is taking control or making more banks

Answer 10

so C or D

Answer 11

Another key word is banks.

Answer 12

I probably seem like an idiot, but is it to oversee and regulate commercial banks?

Answer 13

I think you may be correct.

Answer 14

thanks again

Answer 15

You're welcome.