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102
Explain the five perceived problems with the Dual banking system.
3) Uneven distribution of banks/bank notes
3) Uneven distribution of banks/bank notes
There was limited credit in rural areas and the South. For example:
In 1877, National bank circulation in...
...Rhode Island was $77 per capita
...Arizona was $0.13 per capita
In 1877, National bank circulation in...
...Rhode Island was $77 per capita
...Arizona was $0.13 per capita
Flashcard info:
Author: savhighsmith
Main topic: Economics
Topic: History of Economics
School / Univ.: UGA
City: Athens
Published: 12.10.2010