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Bank of the United States: Hamilton's Argument and Ownership
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Bank of the United States: Hamilton's Argument and Ownership

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Questions and Answers

What was the main argument Hamilton used to support the creation of the Bank of the United States?

  • The Constitution did not give Congress the power to create a bank
  • The Constitution authorized Congress to do whatever was necessary to carry out its enumerated powers (correct)
  • The Bank of the United States should be owned by the federal government
  • Washington supported the proposed bank

    • Who supported the creation of the Bank of the United States?

  • Jefferson
  • Hamilton
  • Washington (correct)
  • All of the above

    • What type of ownership did the Bank of the United States have?

  • Publicly owned
  • Government owned
  • Privately owned (correct)
  • Both A and B

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