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Who had plans of setting up a national bank?

Updated: 8/18/2019
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13y ago

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Alexander Hamilton had the initial plan to set up a national bank.

In addition, Karl Marx felt a national bank was necessary once the proletariat overthrew the bourgeoisie and took over the means of production. After the October Revolution of 1917 in Russia, Vladimir Lenin nationalized all the banks.

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Related questions

He plans to set up a national bank?

he had plans to set up a national bank ~Alexander Hamilton


He had plans to set up a national bank?

Alexander hamilton


He opposed setting up a national bank?

Ben Banneker


Who oppose setting up a national bank?

Thoams Jefferson


What president had plans to set up a national bank?

jhon adams


What was the problem with setting up a national bank?

The Ability To Give Someone Back His Or Her Deposits.


Who was the president that had plans to set up a national bank?

George W Bush. That was not too long ago.


Who was apposed of setting up a national Bank?

The Democrats or Antifederalists, whose leaders were Patrick Henry and Thomas Jefferson.


How did hamilton propose to repay?

Hamilton proposed an excise tax to repay the national debt by setting up a national bank. The opposition was that taxing was giving the federal government too much power and a National Bank was unconstitutional.


How did Hamilton propose to repay the national debt and what the response of the opposition?

Hamilton proposed an excise tax to repay the national debt by setting up a national bank. The opposition was that taxing was giving the federal government too much power and a National Bank was unconstitutional.


Who had plans to set up a national bank?

Alexander Hamilton had plans to set up a national bank in the United States to establish a sound financial system, promote economic development, and centralize government control over monetary policy.


Which president had plans to set up a national bank george washingtonalexander Hamilton Thomas Jefferson Pierre l'enfant Benjamin Banneker or john Adams?

It was Alexander Hamilton.