Responses
The national currency of the United States was established.
The national currency of the United States was established.
The first and second central banks of the United States were chartered.
The first and second central banks of the United States were chartered.
The number of independent state banks increased dramatically.
The number of independent state banks increased dramatically.
The number of national banks increased dramatically.
1 answer
The response that reflects the decentralization that occurred throughout the U.S. banking system in the mid-1800s is:
The number of independent state banks increased dramatically.
This period saw a rise in state-chartered banks as the banking system became more decentralized, moving away from a reliance on central banks.
