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13 November, 08:56

What did federalist believe about banking

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  1. 13 November, 09:10
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    The correct answer is that the Federalists believed a system of centralized banking was necessary.

    Federalists, who believed in the importance of the power of a strong central federal government, wanted to have a centralized banking system in the United States to develop industries and trade. Moreover, the party was led by Alexander Hamilton.
  2. 13 November, 09:11
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    The correct answer is C. They believed that a centralized banking system was necessary.
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