How Long to Read The Bank of the United States and the American Economy

How Long Does it Take to Read The Bank of the United States and the American Economy?

It takes the average reader 3 hours and 6 minutes to read The Bank of the United States and the American Economy by Edward Kaplan

Assuming a reading speed of 250 words per minute. Learn more

Description

An account of the history, structure, and operation of the First and Second Banks of the United States, this study examines how the banks performed as national and central institutions, and what happened to the economy when the charter of the Second Bank was allowed to expire in 1836. Historians have paid little recent attention to the early history of central banking in the United States, and many Americans believe that the Federal Reserve, created in 1913, was our first central bank. The economic crisis during the American Revolution actually led to the founding of a national bank, called the Bank of North America, during the period of Confederation. Although it became a private bank before the Constitution was ratified in 1788, it proved to be such a success that in 1791 Alexander Hamilton, the first Secretary of the Treasury, was able to convince President Washington that a similar bank should be established. While the First Bank of the United States performed well during its tenure, its charter was allowed to lapse in 1811. A Second Bank of the United States was created five years later in 1816, and it prospered under the leadership of its third president, Nicholas Biddle, from 1823 to 1830, when central banking was practiced. This success ended with the 1828 election of Andrew Jackson, who refused to recharter the bank and withdrew the government's funds in 1833. Severely weakened, the Bank continued, but its charter finally expired in 1836, much to Biddle's dismay.

How long is The Bank of the United States and the American Economy?

The Bank of the United States and the American Economy by Edward Kaplan is 184 pages long, and a total of 46,736 words.

This makes it 62% the length of the average book. It also has 57% more words than the average book.

How Long Does it Take to Read The Bank of the United States and the American Economy Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 15 minutes to read The Bank of the United States and the American Economy aloud.

What Reading Level is The Bank of the United States and the American Economy?

The Bank of the United States and the American Economy is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Bank of the United States and the American Economy?

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