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American leaders in the early United States wanted to establish a stable banking system in order to

a. provide competition for merchant lenders. b. promote internatio...

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American leaders in the early United States wanted to establish a stable banking system in order to

a. provide competition for merchant lenders.
b. promote international trade and economic growth.
c. help all Americans build wealth through savings accounts.
d. allow individual merchants to charge fees for loans and other services.

Answer

The American leaders wanted to promote international trade and economic growth for which having a well developed and stable banking system was a prerequisite.

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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 51 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 104 views.

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