Question

In which of the following lists is the emergence of American financial institutions placed in the correct chronological order?

1) Land banks, Bank of North America, Second Bank of the United States
2) Bank of North America, Second Bank of the United States, land banks
3) Second Bank of the United States, Bank of North America, land banks
4) Bank of North America, land banks, Second Bank of the United States

Answer 1

The correct chronological order of the emergence of American financial institutions is: Bank of North America, land banks, Second Bank of the United States.

Step-by-step explanation:

The correct chronological order of the emergence of American financial institutions is:

1. Bank of North America
2. Land banks
3. Second Bank of the United States

The Bank of North America was the first national bank established in the United States in 1781. Land banks were established later, followed by the creation of the Second Bank of the United States in 1816.