From the beginning of the English colonies, English mercantilist policies prohibited banks, as we understand them, from being created.
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From the beginning of the English colonies, English mercantilist policies prohibited banks, as we understand them,

from being created. Once the United States became independent of England, a banking system evolved. Trace the evolution of banking in the United States from the end of the Revolution to the beginning of the Civil War in 1861.

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On the eve of the Civil War in 1861, the monetary and banking framework in the United States looked to some extent like... View the full answer

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