Jefferson's arguments against the 1st Bank of the United States were based primarily upon the belief that
a. the bank would fail to stabilize credit and prices
b. the bank was unconstitutional because it involved an inappropriate exercise of "implied powers"
c. the bank had not been given enough power to control state banks and inflation
d. the bank would be used to assist Britain in its war against the French Republic
e. the bank would benefit southern and western agricultural interests far more than northeastern financial interest
Answer: b. the bank was unconstitutional because it involved an inappropriate exercise of "implied powers"
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The first American factories produced:
a. tobacco products b. muskets c. cotton textiles d. leather goods
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