1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jonny [76]
3 years ago
11

When was the first Bank of the United States formed by the Federalists?

History
2 answers:
pav-90 [236]3 years ago
8 0
B. in the late eighteenth century
SpyIntel [72]3 years ago
4 0

Correct answer:  b. in the late 18th century

The specific year that the First Bank of the United States was formed was 1791.

Further details:

In his role as Secretary of the Treasury, federalist leader Alexander Hamilton worked to establish the First Bank of the United States.  The federalist argument for such a bank referenced the "necessary and proper" clause of Article I, Section 8 of the Constitution of the United States.   In the Constitution, after enumerating a number of the powers of Congress, including borrowing money, coining money, regulating commerce, etc, Section 8 of Article I closes by saying Congress shall have power "to make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof."  

A national bank was not strictly listed as something Congress could establish, but there was nothing in the Constitution to prohibit it.  And the "necessary and proper" clause gave leeway to create such an institution. The First Bank of the United States existed from 1791 till 1811, when its charter expired and was not renewed by Congress.

The Second Bank of the United States was formed in 1816, and also existed for a 20-year charter period, from 1816 to 1846.

You might be interested in
PLEASE HELP. In the Balkan countries, the Romans built:
insens350 [35]

Roman built public baths in the Balkan countries.

Answer : Option C

<u>Explanation:</u>

Balkan countries are Slovenia, Serbia, Bosnia & Herzegovina, Croatia, Montenegro, Turkey, Albania, Romania, Greece, Kosovo, Bulgaria,  and Macedonia. The Balkan Countries were governed by Rome directly.

Scorda was declared the capital of the Balkan Country. Perseus was defeated by Roman by taking advantage of the persistent Greek civil war. Perseus was the last king of Macedonia. Different Roman strategy was employed compared to other major conquerors of the Balkans.

Romans first came in the west and made public baths which gained them welcome, with attacks launched later from the southeast as well. By the century of first, the entire Balkan peninsula stayed under the control of Roman.

6 0
3 years ago
How did Napoleon lure his enemy to attack him ?
pashok25 [27]

Answer:

In his battles as in his campaigns, Napoleon depended on speed, mass, and aggressive maneuver: normally he struck at one wing of a hostile army, preferably the one nearer its communications. Only at Austerlitz did he actually stand on the defensive and lure his enemies into a trap.

Can I plz be brainliest?

7 0
3 years ago
Read 2 more answers
In what way did Thomas Paine’s Common Sense influence Thomas Jefferson’s Declaration of Independence?
nydimaria [60]
The language he used is echoed in the Declaration of Independence. It also prompted more of the colonists to be interested in declaring their breakage away from Great Britain.
6 0
3 years ago
John lewis what significant events has he walked in or experienced?
olchik [2.2K]
Lewis and Clark expedition
4 0
2 years ago
Select the correct answer from the drop-down menu.
REY [17]

Answer:

b.

Explanation:

7 0
2 years ago
Read 2 more answers
Other questions:
  • Some historians may write only to promote a particular cause. Such writing is considered to be
    5·1 answer
  • Why did some people feel it was important to add the bill of rights to the constitution?
    5·2 answers
  • Alguien me ayuda con mi tarea espara hoy ;-; aqui va la pregunta pero nose cual es de religion entoces puse historia ;-;. ahora
    9·1 answer
  • What goal was achieved during the second iraq war that was not achieved in operation desert storm?
    8·1 answer
  • What is paleopathologist?
    11·2 answers
  • Why would Nazi government force their children to join organizations such as the Hitler Youth &amp; the League of German Girls?
    10·2 answers
  • How did the government become involved in economic development in the late 19th century?
    10·1 answer
  • During the debate over ratification of the United States Constitution, Antifederalists argued that a bill of rights should be ad
    7·2 answers
  • Select one of the following factors and evaluate how it impacted the rise of Muslim empires:
    10·1 answer
  • Freedom/liberty is an illusion. It's not real. Is that right?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!