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How did Alexander hamilton financial plan affect the economy of the US during the 1790's?
Wiki User
∙ 10y ago
The newly created Bank of the United States helped stableize the economy.
Wiki User
∙ 10y ago
Wiki User
∙ 8y agoHis monetary policy enabled the new country to pay its bills, including the costs for the American Revolution. It introduced taxation and the ability of the government to create debt.
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The newly created Bank of the United States helped stabilize the economy.
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