explain what the following accomplished-?

federal reserve act 1913

federal trade commission 1914

clayton anti-trust act 1914

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  • 1 decade ago
    Favorite Answer

    Federal Reserve Act

    Dispersed throughout 12 USC; ch. 6, 38 Stat. 251 (December 23, 1913)

    To provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for other purposes.

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    The Federal Trade Commission (or FTC) is an independent agency of the United States government, established in 1914 by the Federal Trade Commission Act. Its principal mission is the promotion of consumer protection and the elimination and prevention of anticompetitive business practices.

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    In the United States, the Clayton Antitrust Act of 1914, (October 15, 1914, ch. 323, 38 Stat. 730, codified at 15 U.S.C. §§ 12-27, 29 U.S.C. § 52, 29 U.S.C. § 53), was enacted to remedy deficiencies in antitrust law created under the Sherman Antitrust Act of 1890, the first Federal law outlawing practices harmful to consumers (monopolies and anti-competitive agreements). It was passed under the Woodrow Wilson administration.

  • 1 decade ago

    Do your own homework!

  • 1 decade ago

    You know what i dont know ask someone smart :)

  • 1 decade ago

    yeah do your own homework.......

    Source(s): school books
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