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.
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