The Union's Establishment of the National Banking System

question 72

Multiple Choice

The Union's establishment of the National Banking System

• A) allowed the United States to officially abandon the gold standard for its money.
• B) guaranteed that all U.S. money would be in gold or silver.
• C) evolved into the third Bank of the United States.
• D) served only as an emergency measure during the Civil War.
• E) led to creating a standard bank-note currency.

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