Federal Reserve System and it’s role

Students: To gain a better understanding of the current state of our economy, it would be beneficial for you have a working knowledge of the Federal Reserve System and it’s role/impact on our economic system.

Assignment: Write a comprehensive report on the Federal Reserve System: Origin, Structure, History, Mission and Success (positive/negative?)…..and it’s impact on the current economic situation. Your opinion!!!?

The paper must be 6 pages Double Spaced

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The structure of the Fed has various layers. This institution is controlled by a Board of Governors who are usually appointed by the president. There are 12 local Federal Reserve Banks with the responsibility of supervising the private banks in the country. These Feds are usually situated in the various cities in the United States…

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