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tetleyelmo tetleyelmo
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7 years ago
The subsequent unsuccessful efforts to revive the national bank in the 1830s and 1840s
A) proved to be problematic when the nation experienced another financial panic in 1837 and there was no national financial entity to help stabilize the economy.
B) did not have an adverse effect on the economy when a financial panic occurred in the 1830s because state banks adequately collaborated to stabilize the economy.
C) did not mean that for decades all paper currency in circulation would be issued by state banks, some of less than solid credit.
D) illustrated the political strength of New England, New York and mid-Atlantic states.
Textbook 
By the People: A History of the United States, AP Edition

By the People: A History of the United States, AP Edition


Edition: 1st
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MsLippyMsLippy
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