Shaping a New Republic

AP US History· difficulty 4/5

Hamilton's First Bank of the United States was opposed by Jefferson because

  • A

    Jefferson argued the bank would directly support and finance slave traders

  • B

    Jefferson believed the Constitution didn't authorize it (strict constructionism)

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  • C

    Jefferson thought the bank's capital was too small to manage federal debt

  • D

    Jefferson opposed the bank because it was financed mainly by foreign investors

Explanation

The strict vs loose interpretation of the Constitution became a defining political fault line.

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