Answer:
The establishment of a national bank was necessary to ensure the stability of the new nation's economy.
Explanation:
The establishment of a national bank was one of Alexander Hamilton's many contributions to the emerging American economy. This bank would protect American manufacturers through direct government subsidies and taxes on imported goods. This bank was referred to as the First Bank of the United States. It was opened for business purposes in Philadelphia on December 12, 1791.
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Hey HannahMae98!
It was completed on September
17, 1787
I hope this helps;)
They forced the commercialisation of agriculture with the growing of various cash crops and the raw materials for the industries in the Britain. With the strong political control, the British were able to monopolise the trade with India. They defeated their foreign rivals in trade so that there could be no competition.