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10. Jefferson was against Hamilton\'s plan for a national bank because necessary

ID: 1105711 • Letter: 1

Question

10. Jefferson was against Hamilton's plan for a national bank because necessary and proper" clause did not provide Constitutional justification He believed the for the bank lb) He believed the necessary and proper clause provided Constitutional justification of a national bank, but did not like Alexander Hamilton (c) He believed banking should be left free and unregulated (d) It would benefit the South at the expense of the North 11. The Industrial Revolution that came during the early Amer ican republic impacted the North and South differently. This included (a) The prevalence of railroads in the South, but not the North (b) The development of manufacturing in the North and the entrenchment of cotton in the South (d) The development of steam boats was mostly isolated to the South, but never reached the North or western U.S (d) The improvement of Southern, but not Northern, roads 12. Even after the transatlantic slave trade was outlawed, the population of slaves in the U continued to rise rapidly. This is because of a high fertility rate among American slaves due to (a) Pleasant planation living conditions b) Less incidence of tropical diseases and less grueling crops to harvest (c) A law requiring that slave families be kept together (d) Slaves' ability to make money outside of the plantation system 13. The doctrine of nullification is: (a) A theory that shows how markets work (b) A doctrine believed by the Puritans and Pilgrims (c) A theory of how constitutions are best amended (d) A theory that any state that disagrees with a national law may choose not to enforce it 14. Alexander Hamilton's "Assumption Plan was intended to: (a) Provide revenues to the new republic through taxes and tariffs (b) Provide a series of lighthouses along the eastern seaboard (c) Pay off the states' debts (d) Pay off the states' debts using revenues from taxes and tariffs 15. The first Bank of the United States (a) Lent money only to Northern merchants (b) Provided loans to small merchants throughout the country (c) Could not be trusted to hold the federal government's deposits (d) Insured all other banks' deposits

Explanation / Answer

First question is answered below

10. Correct option: (a)

Reason: As per Jefferson, the constitution does not provide any clause or power to the national government to form or setup national banks. It is abuse of power to setup national bank without having appropriate power in hand.

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