3 years ago

What prompted Congress to enact the National Bank Act of 1863?

1 answer:

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Answer:

Congress passed the act to help resolve the financial crisis that emerged during the early days of the American Civil War (1861–1865). In order to bring financial stability to the nation and fund the war effort, the National Bank Act of 1863 was introduced in the Senate in January of that year.

Explanation:

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3 years ago

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