asked 81.8k views
3 votes
Why did alexander hamilton ask congress to charter a bank of the united states?

asked
User Zomry
by
7.8k points

2 Answers

3 votes
to ensure that government and business interests were aligned
answered
User Denis Gladkiy
by
7.4k points
3 votes

Answer: Hamilton advocated for the intervention of the state in favor of business. He believed in a strong government with a central bank to assure that.

Explanation: Hamilton was in favor of protectionism, which he believed would help develop the immature nation's emerging economy.

answered
User Aswin Mohan
by
9.0k points

No related questions found

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