178k views
2 votes
Why did some people question the constitutionality of a national bank? A) Because the Constitution did not specifically say that the government had the right to establish a bank. B) The government wanted the national bank to replace local banks. C) The Constitution forbids the government from making loans to citizens. D) They thought a national bank would hurt the economy.

2 Answers

2 votes

Final answer:

Some people questioned the constitutionality of a national bank because the Constitution did not specifically grant the government the right to establish a bank. James Madison and Thomas Jefferson, among others, objected to the national bank in the 1790s and argued that it exceeded the powers granted to the federal government.

Step-by-step explanation:

Some people questioned the constitutionality of a national bank because the Constitution did not specifically say that the government had the right to establish a bank. The issue of the national bank's constitutionality was particularly debated by James Madison and Thomas Jefferson in the 1790s. They believed in strict construction when interpreting the Constitution and thought that the establishment of a national bank exceeded the powers granted to the federal government.

User Idragosalex
by
8.6k points
1 vote

Answer:

A. Because the constitution did not specifically say that the government had the right to establish a bank

Step-by-step explanation:

The first bank of the united states was the bank which was charted to a private company by the US congress. Its establishment was supported by Alexander Hamilton who was the treasury secretary. The main purpose of founding the bank was to handle the debt caused by the revolutionary war and to create a standard currency. Thomas Jefferson and James Madison opposed the bank. They opposed it on the grounds of centralization of power, and the creation of a bank was considered to be for the benefit of North not for the agricultural south. Jefferson argued that the creation of the bank was the violation of the constitution.

User Netfa
by
7.9k points