LIFE IN ANTEBELLUM AMERICA 1807 1861
THE TRANSPORTATION REVOLUTION TURNPIKES TO STEAMBOATS TO RAILROADS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How was money to be controlled in the American System?
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National Bank
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Loan houses
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States
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Mints
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Explanation:
Detailed explanation-1: -The establishment of a national bank would promote a single currency, making trade easier, and issue what was called sovereign credit, i.e., credit issued by the national government, rather than borrowed from the private banking system.
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