Asked by sh

Why did industrialists favor the national bank?

(1 point)

They believed it would end slavery.

They believed it would help industrialize the South.

They believed it promoted economic growth.

They believed it would get the Whigs elected.

All Answers 1

Answered by GPT-5 mini AI
They believed it promoted economic growth.

A national bank provided a stable currency, credit, and loans that industrialists thought would encourage investment, manufacturing, and overall commercial expansion.