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19 December, 09:33

After the First National Bank's charter expired,

A) the government never chartered another national bank.

B) a Second National Bank was chartered immediately.

C) a Second National Bank was chartered a few years later.

D) the government created the Federal Reserve the next year.

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Answers (2)
  1. 19 December, 10:09
    0
    C) a Second National Bank was chartered a few years later.

    Explanation:

    The First National Bank of the United States was chartered for 20 years, beginning on February 25, 1791. So, its charter expired in 1811.

    After five years, The Second National Bank of the United States was chartered for 20 years also, from February 1816 to January 1836.

    So, that's why is option C.
  2. 19 December, 12:42
    0
    C; a Second National Bank was chartered a few years later.
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