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QuizMultiple Choice

Washington’s Presidency

Question 1 • *FL-2100310-United States History Semester 1

In the early 1790s, Alexander Hamilton wanted to create a national bank that could

Answer
A
hold money that belonged to private citizens.
B
issue a currency that could be used in every state.
C
issue different currencies for each state.
D
hold money that belonged to businesses.

Explanation

Hamilton wanted a national bank to strengthen the country’s finances and make trade easier. A key purpose was to issue a stable national currency that people could use across state lines, rather than separate currencies for each state. The correct choice is “issue a currency that could be used in every state.”

AI-written and checked against the verified answer.

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