(1 point)
Responses
The Democratic Republicans believed that the bank would benefit manufacturers at the expense of small farmers.
The Democratic Republicans believed that the bank would benefit manufacturers at the expense of small farmers.
The Democratic Republicans believed that the bank would weaken the federal government.
The Democratic Republicans believed that the bank would weaken the federal government.
The Democratic Republicans believed that the bank would help finance wars.
The Democratic Republicans believed that the bank would help finance wars.
The Democratic Republicans believed that the bank would be bad for cities and manufacturing.
The Democratic Republicans believed that the bank would be bad for cities and manufacturing.
Remaining Attempts : 3
Skip to navigation
1 answer
The most accurate response to why the Democratic-Republican Party rejected the Federalists' plan to develop a national bank is:
The Democratic Republicans believed that the bank would benefit manufacturers at the expense of small farmers.
This reflects the Democratic-Republicans' focus on agrarian interests and their concern that a national bank would consolidate economic power in the hands of the urban elite and manufacturers, potentially disadvantaging small farmers and rural communities.
