9
QuizMultiple Choice

The New Nation

Question 9 • 8th Grade US History & Geography A

The national bank Hamilton established in 1790

Answer
A
held private citizens’ money.
B
issued a national currency.
C
issued different currencies for each state.
D
held businesses’ money to keep it safe.

Explanation

Hamilton’s national bank helped create a more uniform national money system by issuing banknotes that circulated as currency. It did not issue separate currencies for each state, so C is incorrect. Its main purpose was not simply to safeguard private citizens’ or businesses’ money.

AI-written and checked against the verified answer.

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