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Alexander Hamilton supported a national bank because the United States needed some way to recovery financially after the Revolutionary War. At the time, the United States had no common currency. The creation of a national bank would facilitate the creation of a common currency.
https://study.com/academy/answer/why-did-hamilton-support-the-national-bank.html
Alexander Hamilton supported the National Bank because he argued it would strengthen the U.S. economy in the wake of the American Revolution.
https://www.answers.com/Q/Why_did_alexander_hamilton_support_the_national_bank
Jan 18, 2011 · The National Bank was an idea formed by Hamilton had believed that the National Bank would be good for circulation of money, and a great way to stimulate business in America.
https://quizlet.com/328398641/history-unit-3-test-flash-cards/
For which of the following did Alexander Hamilton want to increase support while trying to fix the nation's finances? manufacturing. ... Why did Thomas Jefferson oppose Hamilton's national bank? He thought it was unconstitutional. A result of the Jay Treaty was that it.
http://www.digitalhistory.uh.edu/teachers/lesson_plans/pdfs/unit3_4.pdf
Alexander Hamilton knew how the Bank of England created money and wanted the U.S. government to start its own bank with branches in various states. Such a bank could create a uniform currency circulating through all the states and provide a place for the national government to deposit its
https://www.minneapolisfed.org/article/2007/the-bank-that-hamilton-built
Hamilton echoed Smith’s The Wealth of Nations in describing banks as “nurseries of national wealth” that transformed the “dead stock” of gold and silver into active and productive capital that rippled through the economy, creating wealth and increasing welfare. 4 Deposits and stock investments in a national bank would support increased currency circulation, relieving farmers and merchants of the need to resort to barter.
https://www.pbs.org/wgbh/americanexperience/features/establishing-national-bank/
One of the most important of Alexander Hamilton's many contributions to the emerging American economy was his successful advocacy for the creation of a national bank. But the Bank of the United ...
https://learningenglish.voanews.com/a/alexander-hamilton-creator-of-the-american-economic-system/3168953.html
Alexander Hamilton was not a president, but he was a famous early U.S. leader. Americans know him as the creator of the national bank, the face (for now) on the $10 bill and as a modern star on ...
https://quizlet.com/4269800/us-history-6-flash-cards/
Secretary of the Treasury-Alexander Hamilton. ... Why did Hamilton believe that National Bank could be created? He wanted to win Southern support for his debt plan. Why did Hamilton suggest moving the nation's capital to Washington D.C. from New York?
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