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Because of the Abuses by State Banks and the Clear

Question 7

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Because of the abuses by state banks and the clear need for a central bank to help the federal government raise funds during the War of 1812,Congress created the

Because of the abuses by state banks and the clear need for a central bank to help the federal government raise funds during the War of 1812,Congress created the


A) First Bank of the United States in 1812.
B) Bank of North America in 1814.
C) Second Bank of the United States in 1816.
D) Federal Reserve System in 1813.

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