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Question:

Why did Thomas Jefferson oppose Alexander Hamilton's idea for a national bank?

A. It would cause problems with France. B. It gave the government too much power. C. It would be good for farmers and bad for merchants. D. It would hurt the nation's economy.

Answer:

B. The Anti-Federalists (Jefferson among them) wanted a weak federal government and strong state's rights, a national bank gave the federal government too much power in their eyes.
B. Jefferson knew the danger of too much power in a central government.
B. It gave the government too much power. * Thomas Jefferson favored a weak central government and strong state governments.
i think of alexander hamilton had to sell bonds to bondholders that the proceeds from this may well be used to pay off nationwide and state debt. because of the fact he needed a thank you to prepared bondholders, banks, and all this economic transactions fairly for the entire union he needed a nationwide economic company. He had to purchase bonds with a view to advance a fund of debt for the gov. because of the fact he seen the earnings from investment the debt to be irresistable to the prevalent bondholder and can create a classification of wealthy adult adult males who might insolate the federal gov. from the unwashed hundreds.

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