Congress created the Federal Reserve to help the economy recover from the Great Depression.

Name: Congress created the Federal Reserve to help the economy recover from the Great Depression.
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Question

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The Federal Reserve was actually created in 1913, before the Great Depression. While it did play a role in trying to stabilize the economy during the Depression, its primary purpose was to provide a central banking system and monetary policy for the country.

Congress Created the Federal Reserve to Help the Economy Recover