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  • 19-03-2021
  • Social Studies
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Why were the Whigs supportive of the national bank? Why were the Democrats against it?

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NichalosBradford NichalosBradford
  • 19-03-2021

Answer:

The Whigs also endorsed a strong national bank to boost investment and tariffs to protect American industries. Jefferson and the Democratic-Republicans were strongly against the idea of a National Bank, arguing that the Constitution did not say anything about making a National Bank. Federal government support itself financially.

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