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Question

02:41
Question
Why was the reestablishment of a National Bank and important part of Henry Clay’s American System?
Responses
A The National Bank would issue federal income taxes on the wealthy.The National Bank would issue federal income taxes on the wealthy.
B The National Bank would regulate interstate commerce and create bills raising revenue.The National Bank would regulate interstate commerce and create bills raising revenue.
C The National Bank would have the power to negotiate economic treaties with foreign nations.The National Bank would have the power to negotiate economic treaties with foreign nations.
D The National Bank would deliver national currency and serve as a collection body for federal funds.

Answer 1

D The National Bank would deliver national currency and serve as a collection body for federal funds.