Why did the u. s. banking system need to be reformed in the early 1900s?
the nation had no central authority to supervise banks.
interest rates for loans rarely fluctuated.
banks had full access to their reserves when customers wanted to withdraw money.
too many people controlled the reserve funds of the nation's banks.

The nation had no central authority to supervise banks.

Explanation:

The nation had no central authority to supervise banks. A.

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frederick william of brandenburg-prussia trained his son, frederick, to be a hardy soldier. but frederick disliked rifle shooting and horseback riding. unlike his father, he was interested in french literature. he enjoyed poetry and music and, like some others of the enlightenment, he scoffed at religion. his father thought him soft, frivolous and unmindful of his duties. and when frederick refused to put his signature on a right to succession, for a few moments his father strangled him.