Author Question: By 1900, what did the National Banking System under the Bank Act of 1863 (and subsequent amendments) ... (Read 50 times)

mrsjacobs44 · **on:** Jun 30, 2018

By 1900, what did the National Banking System under the Bank Act of 1863 (and subsequent amendments) help national banks attain?

(a) A majority of banking establishments
(b) A majority of banking assets
(c) A monopoly issue of paper money
(d) All of the above

Question 2

The Erie Canal provided the first reliable and relatively quick east-west link in markets. This link, consequently,

(a) increased profit margins and expanded markets for agriculturalists.
(b) increased consumer prices in all markets.
(c) increased transportation costs.
(d) hindered trade and the accumulation of wealth.