Why did George Washington support the creation of a national bank?

A) Washington believed that each of the states needed to have its own money.

B) Washington believed that it would be easier to collect taxes with a national bank.

C) Washington believed that the wealthiest Americans needed to protect their money.

D)Washington believed that the central government needed to have power and authority.

Question

11-11-2016
History

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Why did George Washington support the creation of a national bank?

A) Washington believed that each of the states needed to have its own money.

B) Washington believed that it would be easier to collect taxes with a national bank.

C) Washington believed that the wealthiest Americans needed to protect their money.

D)Washington believed that the central government needed to have power and authority.

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The best and most correct answer among the choices provided by your question is the first choice or letter A.

George Washington supported the creation of a national bank because he believed that each of the states needed to have its own money.

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