Question

Why did Hamilton want to establish a national bank?

A. He believed it would help the country's financial problems.
B. He wanted the capital moved to Washington, D.C.
C. He thought it was a good compromise between his original plan and what others wanted.
D. He believed in strong state governments.

Answer 1

A. He believed it would help the country's financial problems.

Answer 2

The correct answer is A. He believed it would help the country's financial problems.
After the war the country was in huge debt.Hamilton proposed the idea of having a National Bank where every state would help pay of national debt and not just the debt in their state.