Business, 20.10.2019 11:00 youngalien

Why was the united states one of the last major industrialized countries to have a central bank ?

a. agricultural and other u. s. interests were suspicious of centralized power and opposed the creation of a central bank.

b. most felt that a central bank was not necessary as long as the united states operated on a gold or silver standard.

c. the banking lobby always opposed the creation of a central bank and its potential to diminish the profits of the banking industry.

d. attempts to create a central bank in the past (for example, the first or second bank of the united states) resulted in total failure?

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Why was the united states one of the last major industrialized countries to have a central bank ?

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