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
Great Awakening was when people woke up to the need of religion in their lives, and it embraced the downtrodden such as farmers, the blacks and the slaves. On the other hand, Enlightenment remained in the hands of the intellectuals and the scientists.
The correct answer is " It would hurt economic growth because banks often lend money to borrowers who then put that money back into circulation."
Answer:
The Civil War helped the Texas economy develop at a fast rate. For example, Texas developed a high-tech industry after a slump in oil prices, continued reliance on oil production which brought in more money for the economy, and had a boom and bust cycle of the oil industry.
