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The Federal Reserve System is divided into 12​ districts, each served by one of the Federal Reserve district​ banks, located in the following​ cities: Boston,​ MA; New​ York, N.Y.;​ Philadelphia, PA;​ Washington, D.C.;​ Richmond, VA;​ Atlanta, GA; St.​ Louis, MO;​ Dallas, TX;​ Cleveland, OH;​ Chicago, IL;​ Minneapolis, MN; Kansas​ City, MO; and San​ Francisco, CA.​ Today, the U.S. population is centered just west of the Mississippi River long dash that​ is, about half of the population is either to the west or the east of a line running roughly just west of this river. The current locations of Fed districts and banks are structured this way because

Respuesta :

mrsedlack

Answer:

Population used to be centered differently

Explanation:

The East Coast was where the US began and the rust belt was where the US became wealthy. So, the majority of the district banks reflect that history.

Answer:

the Fed districts were designed in 1913 to best serve the population at that​ time; these have remained the same.

Explanation:

b/c i guessed and got it

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