Explain how Europeans rationalized the economic and political impact they had on foreign colonies and why they kept these colonies under their control for so long.

European settlement had a longstanding positive effect on economic development in countries that were colonies, notwithstanding the terrible effects of Western diseases and political oppression that often resulted, according to new research

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.

answer; /// (c) i believe that the correct answer is; ///full faith and credit.