1.1 Why did the United States have no central bank between 1836 and 1913? Why did Congress decide to establish the Federal Reserve System in 1913? 1.2 Why was the Federal Reserve Sys- tem split into 12 districts?
1.1 Why did the United States have no central bank between 1836 and 1913? Why did Congress decide to establish the Federal Reserve System in 1913? 1.2 Why was the Federal Reserve Sys- tem split into 12 districts?
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Please use your own words and no plagiarism make it short and simple answer please

Transcribed Image Text:1.1 Why did the United States have no
central bank between 1836 and 1913?
Why did Congress decide to establish
the Federal Reserve System in 1913?
1.2 Why was the Federal Reserve Sys-
tem split into 12 districts?
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