answersLogoWhite

0


Best Answer

The Federalists advocated the ratification of the US constitutions (1789-88) in place of Articles of Confederation .The central bank was the authority of issuing currency note to regulate the countries credit and monetary affairs consisting of 12 federal reserve banks headed by the board of governors appointed by the US President but approved by the senate.

they believed that a centralized banking system was necessary (gradpoint)

User Avatar

Rosetta Pollich

Lvl 10
2y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

8y ago

The Federalists advocated the ratification of the US constitutions (1789-88) in place of Articles of Confederation .The central bank was the authority of issuing currency note to regulate the countries credit and monetary affairs consisting of 12 federal reserve banks headed by the board of governors appointed by the US President but approved by the senate.

they believed that a centralized banking system was necessary (gradpoint)

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What did the federalist believe about banking?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What did anti federalist and federalist agree on?

They believe they are both federalists.


Is it banking human again or banking humanly again?

I believe that it should be "Banking humanly, again."


People who believe in a strong central government?

Federalist


What did the anti federalist believe about the constitution?

Citizens rights were not protected


Was an anti federalist?

An anti-federalist did not believe in the Constitution's ratification. They thought it gave the government to much power, and needed a Bill of Rights.


Who believe additional protections in the constitutions would further secure the rights and liberties of citizens?

all anti federalist and some federalist


Which group of americans believe in a limited national government?

anti-federalist


What did the Federalists want or believe?

The Federalist wanted cunsumer protection...my opinion


Did Alexander Hamilton believe in federalism?

Hamilton was federalist!


What was an anti federalist?

An anti-federalist did not believe in the Constitution's ratification. They thought it gave the government to much power, and needed a Bill of Rights.


Is Alexander a Democrat?

He was a Federalist. I don't believe that the Democratic party existed when he was alive.


What do Federalist do?

federalists believe that democratic republicans should not be able to participate in the judiuary act.