The federal reserve act of 1913 established the federal reserve system. what was the purpose of setting up the federal reserve system?

The purpose was to make the economy and the military stronger, to do that, banks needed to be built, so, if the money was flowing was, that meant the economy was good, and more money was coming to the government. They can use that to strengthen the country defenses.

The exchange of foods between the new and old worlds

The answer is crop yield.