USA HISTORY

MAKING OF A NEW NATION 1776 1800

ALEXANDER HAMILTON

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why was Thomas Jefferson against Alexander Hamilton’s National Bank plan
A
He did not like the increase in taxes the National Bank would bring
B
He thought the National bank would give the states too much power
C
He believed it was unconstitutional
D
None of the above
Explanation: 

Detailed explanation-1: -Thomas Jefferson believed this national bank was unconstitutional. In contrast to Hamilton, Jefferson believed that states should charter their own banks and that a national bank unfairly favored wealthy businessmen in urban areas over farmers in the country.

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