urgent please


One of the reasons Henry Clay believed that a national bank was needed was to

levy an import tax.

improve urban markets.

connect the nation’s regions.

stabilize prices.

Respuesta :

lucic

The reason was to Stabilize prices. The objective of Henry Clay in creation of the National Bank was to accelerate the trade through the creating and maintaining a similar stable currency. He believed that Stability of the economy was possible by introducing strong tariffs that were aiming in protection of American goods from foreign competition, boosting the infrastructure such as roads and canals that will accelerate the transportation of goods and the formation of a National Bank that will ensure the use of a common currency. These efforts were geared towards the protection of the trade in America and also the manufacturing industry from cheap foreign goods especially those from the British.

Answer:

D) Stabilize prices

Explanation:

Henry saw the creation of a National Bank as a priority in order to exercise monetary policy and prevent inflation by stabilizing prices, because of America's rapid growth.