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Hitman42 [59]
3 years ago
7

Why did madison and jefferson oppose a national bank

History
1 answer:
ElenaW [278]3 years ago
3 0

Why did Jefferson and Madison oppose the bank?

Jefferson and Madison opposed the national bank because they felt it was unconstitutional and because they felt that the centralization of financial power would weaken the monetary system of the United States. They argued that a national bank would aid Northern businesses but hinder agrarian interests in the South

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Hi! :)


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Have a BEAUTIFUL day~

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