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Who was the author of a plan to create a national bank in the US?
Wiki User
∙ 10y ago
Alexander Hamilton. American history sucks. xP
Wiki User
∙ 10y ago
Alexander Hamilton was the author of a plan to create a national bank in the US. He proposed the establishment of the First Bank of the United States in 1791 as a way to promote a stable currency and stimulate economic growth.
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What was Hamilton's plan to get the nation out of debt was?
Hamilton wanted to create a national bank, use manufacturing to fund the national debt.
Why did Thomas Jefferson opposed Alexander Hamilton's plan to create a national bank primarily?
depend on a loose interpretation of the constitution
What was the outcome of Madison and Jefferson disagreeing with Hamilton's plan of a national bank?
Congress decided to create the bank anyways and therefore formed the Bank of the United States.
What was Hamiltons plan to pay off national debt?
Hamilton's plan to pay off the national debt had three parts. The first was to pay off all war debt, next was to raise government revenue and last to create a national bank.
What did the national bank plan state?
jh
What were main components of Hamilton's economic plan?
The main components of Hamilton's economic plan were to raise tariffs, make states to agree to pay debts and create a national bank. There were different arguments regarding this plan but eventually Hamilton won.
What were the main components of Hamiltons economic plan?
The main components of Hamilton's economic plan were to raise tariffs, make states to agree to pay debts and create a national bank. There were different arguments regarding this plan but eventually Hamilton won.
Which was a fundamental goal of the Virginia Plan?
To create a strong national government. A+LS
Who had plan to set up the first national bank?
Alexander Hamilton
Why was Alexander Hamilton's plan for a national bank was politically significant?
Alexander Hamilton's plan for a national bank was politically significant because the bank made the money in the country standardized. There was one place producing and controlling the money which kept inflation controlled.
What was the fundamental goal of the plan?
To create a strong national government. A+LS
One goal of Alexander Hamilton's financial plan was the establishment of a?
National bank
