Respuesta :
1. national banking act of 1863
2. alexander hamilton
3. Taxes were levied on state banks
4. the number of independent state banks incresed dramatically
5. The U.S. stock of gold and silver was too limited under Jackson's presidency to provide a sufficient money supply
1. The act passed to help fund the Union's war efforts during the American Civil War was c.) National Banking Act of 1863.
2. In the Banking Acts of 1863 and 1864, d.) Taxes were levied on state banks to discourage state banks from competing directly with the national banks, thereby giving the newly-chartered banks leverage over the state banks.
3. A reflection of the decentralization, which occurred throughout the U.S. banking system in the mid-1800s, was b.) The number of independent state banks increased dramatically.
4. The difficulty that Andrew Jackson would have faced with his preferred currency of gold and silver coin was d.) The U.S. stock of ...
Thus, the strategies of the national banking act of 1863 included the creation of a national banking system, flotation of federal war loans, and establishment of a national currency, which eased the financial crisis of the Civil War.
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