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faltersainse [42]
3 years ago
9

Why were americans reluctant to create a central bank, as hamilton proposed, after the american revolution?

History
1 answer:
pentagon [3]3 years ago
7 0
The American Revolution was started so as to get away from a strong, centralized government that the people did not want to have in their country. Obviously, a central bank is a good example of a centralized establishment, which is something the Americans fought against in their Revolution, and thus didn't want it back. 
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Nationalist Party, also called Kuomintang, Wade-Giles romanization Kuo-min Tang (KMT; “National People’s Party”), political party that governed all or part of mainland China from 1928 to 1949 and subsequently ruled Taiwan under Chiang Kai-shek and his successors for most of the time since then.

Originally a revolutionary league working for the overthrow of the Chinese monarchy, the Nationalists became a political party in the first year of the Chinese republic (1912).
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