Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Connect with a community of experts ready to provide precise solutions to your questions on our user-friendly Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

*PLEASE ANSWER* *I DONT GET IT PLEASE!!!*

By the end of the nineteenth century, the United States banking system transitioned from?

A.) a centralized system of state banks to a centralized system of national banks

B.) a centralized system of state and national banks to a decentralized system of state banks.

C.) a decentralized system of national banks to a centralized system of state banks.

D.) a decentralized system of national banks to a centralized system of state banks.


Sagot :

Answer:

Explanation:

In 1791, U.S. Treasury Secretary Alexander Hamilton created the Bank of the United States, a national bank meant to maintain American taxes and pay off foreign debt. ... In 1863, the National Bank Act was passed to create a national currency, a federal banking system, and make public loans.

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.