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The establishing of the first bank of usa

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The establishing of the first bank of usa

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The first bank was created by Alexander Hamilton in 1791. The goal was to stabilize and generally improve the nation's credit It also helped to manage the government's finances. This was a huge step for the government banking system.

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the war of 1812 and the second bank of usa

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the war of 1812 and the second bank of usa

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The War of 1812 cause a lot of financial trouble for the US. This made the government realize the need for a strong national bank The 2nd bank helped regulate currency and provide loans to the government This didn't come without criticize, though people feared centralized control.

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The panic of 1837 was due to land investments and the collapse of a major bank that led to a country wide financial crisis it had many bank fauiluers and and economic depprestion it showed the weakness of banking without federal regulation.

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they established a system of national banks and created uniform national currency the goal was to stabilize the banking system and rudue reience on state centered banks.

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The creation of the fedra reserve system created central banking to manage monetary policy it also helped regulate banks this helped to provide financial stability.

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the great depression and the banking act of 1933

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the great depression and the banking act of 1933

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the stock market crash of 1929 was what led to the Great Depression this led to a bunch of reforms to banks but the banking act made it so that commercial and investment banking to prevented future crisis.

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the creation of the federal deposit insurance co.

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the creation of the federal deposit insurance co.

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this was established as part of the banking act the FDIC gave insurance to bank deposits this restored the confidence in the banking system after bank failures during the great deprestion.

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This agreement established a new international monetary system it also fixed exchange rates that lead toan increase in global economic cooperation it also backed up the us dollar.

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This was a series of deregulations in the banking world this included the againts germain Institutions Act of 1982

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in 1980 there was a saving/loan crisis this caused a lot of panic due to faluire in a lot of saving/loan asociations country wide.

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this act allowed for banks to branch across state lines this was put in place so reapleal other acts such as the mcfadden act and the dougolas amendment.