The Federal Reserve was created
A)in 1913 by Congress
B)as a result of the Great Depression
C)according to the standards enforced by NATO
D)by President Kennedy

Question

Quizplus · Accepted Answer

The Federal Reserve was created in 1913 by Congress with the passing of the Federal Reserve Act. The Great Depression occurred almost two decades later in 1929. NATO, a military alliance, has no role in the creation of the Federal Reserve. President Kennedy was not in office when the Federal Reserve was created.

The Federal Reserve Was Created