Question

Which of the following acts was passed to help fund the Union's war efforts during the American Civil War?(1 point)
Responses

Michigan Act of 1837
Michigan Act of 1837

Specie Circular of 1836
Specie Circular of 1836

Deposit and Distribution Act of 1836
Deposit and Distribution Act of 1836

National Banking Act of 1863

Answer 1

The act that was passed to help fund the Union's war efforts during the American Civil War is the **National Banking Act of 1863**. This act established a system of nationally chartered banks and created a uniform national currency, which helped to finance the war.