How did francis lowell affect the clothing industry? a. he developed interchangeable parts for the cotton gin. b. he started the textile industry in the west. c. he invented the first practical power loom.

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i do not know if this question has options, but a main impact of the federal reserve act of 1913, which created the federal reserve bank, was the international use of the u.s. dollar, which soon became the world's leading currency - particularly during world war i, since many nations around the world asked the united states for money.