asked 28.8k views
6 votes
The second Bank of the United States was essentially the same as the institution Hamilton had founded in 1791, except that it had more ______ than its predecessor. Multiple choice question.

asked
User Sanusart
by
7.6k points

1 Answer

10 votes

Answer: Capital

Step-by-step explanation:

The Second bank of the United States was Alexander Hamilton's second attempt at establishing a National bank that he believed was necessary to ensure stability in the currency and fiscal operations of government.

This bank had more capital than its predecessor as it was 80% owned by four thousand wealthy private individuals who by buying stock in it, gave it the aforementioned capital.

answered
User Vmpn
by
7.8k points

Related questions

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.