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When Woodrow Wilson became president in 1912, the most serious shortcoming in the country's financial structure was that the


A) large banks were scattered too widely around the country.

B) Bank of the United States had been greatly weakened.

C) banking system had been overregulated by the federal government.

D) U.S. dollar was tied to gold.

E) currency was inelastic.

 



Answer: E

History - US History -

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