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Which act created nationally chartered banks and circulated notes backed by the federal government?

A) Free-Banking Act
B) National Banking Act
C) Federal Reserve Act

Respuesta :

B B B B B B B B B B B B B B B B B B B 
there.

Erudite1
The correct option is B.
The National Banking Act is an act of the United States  government, which created a system of national banks. The Act made possible the development of a national currency and a system of nationally chartered banks. The first National Bank Act was passed in 1863.