Under the National Banking Acts of 1863 and 1864, the U.S. monetary sy

Under the National Banking Acts of 1863 and 1864, the U.S. monetary system

(a) experienced drastic changes.
(b) played a role in helping the Union finance the Civil War.
(c) permitted, for the first time, the federal government to charter banks.
(d) protected the rights of states to be the only entities to charter banks.

ANSWER

(c)