Which statements would supporters of the Second National Bank have agreed with? Check all that apply. The bank would strengthen the nation’s economy.The bank would give the federal government too much power. The bank would prevent the value of money from changing too quickly.The bank would take money away from the common people.The bank would be best suited for the wealthy. The bank would help pay for national expenses.
Answer
A
The bank would strengthen the nation’s economy.
B
The bank would give the federal government too much power.
C
The bank would prevent the value of money from changing too quickly.
D
The bank would take money away from the common people.
E
The bank would be best suited for the wealthy.
F
The bank would help pay for national expenses.
Explanation
Supporters believed the Second National Bank would strengthen the economy by making credit and payments more reliable. They also expected it to help stabilize the value of money and handle financial tasks for the federal government, including paying national expenses. Claims that it gave the government too much power or favored the wealthy were objections raised by opponents.
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