The Bank of the United States proposed by Hamilton is correctly
described by all of the following statements EXCEPT?

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04-01-2022
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The Bank of the United States proposed by Hamilton is correctly
described by all of the following statements EXCEPT?

Sagot :

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Parrainidn Parrainidn · Answer 1 · 2022-01-07T06:56:24-05:00

The features of the Bank of United States according to Hamilton were all the above except the bank would be a private institution with the government a major stockholder.

The Bank of the United States:

Would issue paper money.
Would advise the government on investment.
Would keep and circulate federal funds.

Hamilton however, wanted the federal government to only have a minority stake in the Bank and not a majority as he felt this would ensure a better oversight of the bank.

In conclusion, option B is correct.

Find out more about Hamilton and this Bank at https://brainly.com/question/722513.

Sagot :

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