6
QuizMultiple Choice

The New Nation

Question 6 • EAP-Virginia and US History A CR

To improve the financial situation of the United States, Alexander Hamilton wanted to

Answer
A
establish banks in each state.
B
establish a national bank.
C
encourage more farming.
D
borrow more money to pay the country’s bills.

Explanation

Hamilton believed a national bank would help strengthen the country’s finances by managing government funds, supporting public credit, and providing a more stable national currency. Therefore, he wanted to establish a national bank, not separate banks in each state.

AI-written and checked against the verified answer.

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