This was the time of the Industrial Revolution. The economic relationship between the north and the south in the early 1800s was that the south grew the majority of the crops and then it was sent to the industries in the north to be processed into material. Example cotton was grown in the south and sent to the north and turned into cloth.
Jefferson was a real by the book guy. He thought states should charter banks that could issue money. Jefferson also believed that the Constitution did not give the national government the power to establish a bank
