Question

In one paragraph explain why you agree or disagree with Hamilton’s plan for a national bank. Tell why you think it helped our country or harmed it.

Answer 1

Hamilton thought that people should keep all their money in one area. He thought that if people don’t have to carry their money withthem then they won’t spend as much and they can save for their needs instead of their wants. Now all the question wants is what you think about it.

Hope it helps ♥️

Answer 2

believed national bank was necessary to stabilize and improve the nation's credit, and to improve handling of the financial business of the United States government under the newly enacted Constitution. but Jefferson also believed that the Constitution did not give the national government the power to establish a bank. Jefferson thought is was a miss use of federal power.