1) The Federal Reserve System (a.k.a. The Fed) was created in 1913 when President Woodrow Wilson signed the Federal Reserve Act into law. The past several government attempts at creating a centralized bank had failed- the Federal Reserve was a new bank that served as a compromise between privatization and populism.

2) Monetary policy is how the Federal Reserve controls the amount of money and credit in the economy.

Before you visit a lending institution, it is important to brush up on your banking lingo. Applying for a mortgage is easier when you understand the following terms.

1. Amortization: Refers to the paying off of debt over time. It may also take into consideration the depreciation in value of an asset over time.

2. ARM: Acronym for adjustable rate mortgage.

Not so long ago, the subject of Women's History was one that many individuals did not acknowledge. After all, women were once viewed as being "second-class" citizens; celebrating their history and recognizing their accomplishments seemed at best, far-fetched. It was a topic rarely studied with interest and earnest. Over the years, however, the field of Women's Studies has undergone a dramatic transformation.

In the early 1800s, the ideas about equality for women that had been formed in previous centuries finally started to take root. Women began to campaign for more rights and government participation, before ultimately being granted the right to vote in 1920. But 1920 did not mark the end of the Women's Rights Movement. In fact, even in our current society, women are still subjected to unfair wages, stereotypes, and labels.

Libraries play an important role in today's society. They have become cores of communities, centers for literacy advocacy, and a hub for information from an array of sources. Libraries are extremely diverse in both collection and service, but continue to operate as leaders in the information industry. This month, in honor of libraries everywhere, we highlight the top seven ways to celebrate National Library Week!

1.

These days doing even the simplest research can be overwhelming. Whether it's too much information on one topic, or too little on another, there is a definite mismatch in the world of research. The Internet has generated an inexhaustible storage of facts, details, and data and one could potentially devote their entire lifetime to browsing through the different results.

You've already dusted the den, mopped the kitchen, and donated some old clothes, but your house isn't the only thing that could use some spring cleaning this year. Your business environment can benefit greatly from a little tidying up. So, spruce up your office, and your business, and your mind - and say hello to productivity!

1. Shred some paper.

Increasing online visibility for your company can create lasting customers and boost sales. Below, a list of tried and true ways to get started.

1. Create a website.
Creating a website is the first step towards increasing your company's online visibility. It may be best to outsource the development of the site unless you have someone particularly web-savvy in-house.