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The Union's Establishment of the National Banking System

Question 58

Multiple Choice

The Union's establishment of the National Banking System


A) allowed the United States to officially abandon the gold standard for its money.
B) guaranteed that all U.S. money would be in gold or silver.
C) evolved into the third Bank of the United States.
D) served only as an emergency measure during the Civil War.
E) led to creating a standard bank-note currency.

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