Multiple Choice
In 1790, there were only three banks in the U.S. By 1811, there were 88. Most of these new banks were
A) created and operated by the federal government.
B) created and operated by state and local governments.
C) private-sector, state-chartered banks.
D) branches of banks with English charters.
Correct Answer:
Verified
Correct Answer:
Verified
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