Question

Why was it important for the united states to found a national bank??

A. To secure the national economy
B. To issue its own money
C. To provide for military defenses
D. To pay off the national debt

(( I would know this, but we learned this a while ago, and I forgot my packet. Please help if you can!! Its due tomorrow. X_X ))

Answer 1

It is A. To secure the national economy

Answer 2

Well, they needed to pay off their national debt after the Revolutionary War, and a national bank was a perfect solution since they could invest within the people's money to open more banks and pay them back with the profits they earn and pay off all debts! c: