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Why did Alexander Hamilton argue for the national government to issue a charter for a national bank?

  • Question 4a of 10 - Jefferson and Hamilton

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 1
  • Question: Why did Alexander Hamilton argue for the national government to issue a charter for a national bank?
  • Answers:
  1. Hamilton was at the Constitutional Convention and clearly remembered the delegates discussing whether the federal government should be able to create a chartered corporation.
  2. Any sovereign government, by definition, has the right to apply its power by all appropriate means.
  3. The Constitution clearly enumerates the power to charter banks and other corporations.
  4. The national government, by definition, has all powers of all lower levels of government.

The correct answer is: Any sovereign government, by definition, has the right to apply its power by all appropriate means.

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