Why did Washington believe that the nation needed a system of public credit?


A. A system of public credit would allow people to buy more goods and services, which would grow the nation's economy.

B. If people invested in government bonds, the nation would be able to pay its outstanding debts.

C. Tradesmen and merchants, who supported Washington's presidency, would benefit from a system of public credit.

D. Washington encouraged a system of public credit that would support small farmers.



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