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Earn +20 ptsQ: Government oragnization created in 1932 which lend money to banks?
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Continue Learning about American Government
How did the government pay for the war efforts?
The government raised taxes higher and borrowed money from banks and others to get the rest.
Why is the federal government responsible for money and banking?
If the federal government wasn't in charge it would be a mess. That would mean there would 50 different kinds money and no rules on banks. It falls to the federal government to make sure the money is good for the United States and overseas.
Is a government monopoly one that is created by the government for the sole reason of making money for government use?
No. A government monopoly refers to a situation in which the government owns all the outlets for a particular good or service.
Who created market economy?
government and people created market economy . Because government decide the market price . But sometimes people make their own market prices to get more money.
What did Congress pass in 1862 that created a national currency and allowed the government to issue paper money?
legal tender act
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