The National Currency Act´s main goal was to create a unified national currency, finishing with the problem of many banks issuing different notes. State banks were no longer able to issue money; however, local bankers seized the opportunity of being able to open new banks with much less capital.
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<span>Investors bought stocks on credit because they thought prices would continue rising.
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There was the practice of buying stocks on credit, on a margin to make a profit, which led to over borrowing and inability to pay the loans.
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Answer:
Rhode Island :)
Explanation:
Rhode Island was the only state not to send delegates to the Constitutional Convention in 1787. Then, when asked to convene a state convention to ratify the Constitution, Rhode Island instead sent the ratification question to individual towns asking them to vote.
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The United States should not have a national bank.
