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National Bank

Authored by Diane Harris

History

8th Grade

8 Questions

Used 26+ times

National Bank
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In order to get his financial program through Congress in 1790, Alexander Hamilton made a deal to move the nation's capital from:

New York to Trenton to Philadelphia

New York to Washington DC

Philadelphia to Washington, DC

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Why was Thomas Jefferson against Alexander Hamilton's National Bank plan

He did not like the increase in taxes the National Bank would bring

He thought the National bank would give the states too much power

He believed it was unconstitutional

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is true of Alexander Hamilton's financial plan.

The Federal Government would create a Bank of the United States

The Federal Government would not assume the debt of each of the states

Hamilton did not want any taxes on the population

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Alexander Hamilton held which public office?

President

Secretary of the Interior

Secretary of the Treasury

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

One benefit of the National Bank was?

Make Loans to only foreign countries

Give money away to citizens

Issue its own money.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The main source of revenue ($) for the government under Hamilton's economic plan was

income tax

state taxes

tariff on imported goods

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why were Southern states angered by Hamilton's plan to assume (pay off) war debt?

They wanted a lot of money going to northern debt

they owed less war debt than Northern states

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