7
QuizMultiple Choice

The National Bank

Question 7 • DRHS GA-GSE US History A

In the 1830s, what was one argument in favor of the Second National Bank?

Answer
A
The bank would serve as a foundation for the new economy.
B
The bank kept the value of printed currency stable and steady.
C
The bank helped pay down the debt from the American Revolution.
D
The bank helped benefit the wealthy class and extend its influence.

Explanation

Supporters argued that the Second National Bank helped create a stable national currency. By regulating state banks and their lending, it could limit the overprinting of paper money and keep currency values steadier. This matches the choice that the bank kept the value of printed currency stable and steady.

AI-written and checked against the verified answer.

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