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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?
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?
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?
What type of ownership did the Bank of the United States have?
- Publicly owned
- Government owned
- Privately owned (correct)
- Both A and B
