Question
2 points When was the Federal Reserve established in the United States? Right after the Civil War. Right before WWI During WWII During the American Revolution
Answer
4.3
(201 Votes)
Isolde
Professional · Tutor for 6 years
Answer
B. Right before WWI
Explanation
The Federal Reserve was established in 1913, which is right before World War I. It was created to provide the country with a safer, more flexible, and more stable monetary and financial system.