Progressive Era: Mastery Test

Select the correct answer.

Woodrow Wilson established which government institution to secure the US banking system?

A. New Nationalism
B. New Freedom
C. Federal Trade Commission
D. Federal Reserve Board



Answer :

Final answer:

Woodrow Wilson established the Federal Reserve Board to secure the US banking system.


Explanation:

Woodrow Wilson established the Federal Reserve Board to secure the US banking system. The Federal Reserve Act of 1913 divided the nation into 12 districts, each affiliated with a federal reserve bank, giving the government control over the banking system.


Learn more about Federal Reserve Act of 1913 here:

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