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Eva8 [605]
3 years ago
15

3. Explaining Why was the National Banking System developed?

History
1 answer:
Marta_Voda [28]3 years ago
6 0

Answer: The act allowed the creation of national banks, set out a plan for establishing a national currency backed by government securities held by other banks, and gave the federal government the ability to sell war bonds and securities (in order to help the war effort).

Explanation:

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