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According to Alexander Hamilton, a national bank would serve the country by stabilizing the economy, providing a uniform currency, and facilitating government transactions. He believed it would promote economic growth by lending to businesses and individuals, thereby fostering commerce and industry. Additionally, Hamilton argued that the bank would help manage the nation's debt and provide a secure place for federal funds, ultimately strengthening the federal government's financial position and credibility.

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Who recommended the creation of the national bank?

Alexander Hamilton was the creator of the National Bank in 1791.


Who planed to set up a national bank was it Alexander Hamilton?

Alexander Hamilton


Was Alexander Hamilton for national banks?

Yes, Alexander Hamilton supported the founding of national banks due to his position as a Federalist.


Who favored a national bank?

Alexander Hamilton


Who favored national bank?

Alexander Hamilton


According to Alexander hamilton how would a national bark serve the country's intrest?

According to Alexander Hamilton, a national bank would serve the country's interests by providing a stable currency, facilitating trade, and managing government finances more efficiently. It would also help to establish credit for the nation, allowing it to borrow funds when necessary. Additionally, Hamilton believed that a national bank would promote economic growth by providing loans to businesses and individuals, thereby stimulating investment and commerce. Overall, he viewed it as essential for a strong, unified economic framework.


Did Alexander Hamilton like the British?

The British had a Strong National government. Alexander Hamilton want a strong National government. Hamilton and Jefferson were fighting all the time over that. That might be why. Federlists.


How did Alexander Hamilton get his National Bank?

he did not get the national bank because he got into a duel with burr and hamilton got killed.


Name the father of the national debt?

Alexander Hamilton


What was Alexander Hamilton in New York?

national bank


Did Alexander Hamilton close down the national bank?

no


Who helped established the national bank?

Alexander Hamilton