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How did Alexander hamilton use the theory of capitalism to make the US a financial success?
Wiki User
∙ 12y ago
he used it to borrow money from the country itself and give it to other states which he borrowed it from.
Wiki User
∙ 12y ago
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Alexander Hamilton based much of his financial program on his belief that?
The success of the national government required the support of the propertied classes
What contributions did Alexander Hamilton make to economic development and why is he considered father of American capitalism?
Alexander Hamilton was the first Secretary of the Treasury under George Washington and as such he attempted to put into place several measures that were designed to establish a healthy and productive relationship between American business and the American government. He advocated the establishment of a national bank, the support of government in the building of infrastructure designed to assist the growth of industry, and he embraced the idea of credit and investment of the wealthy in the success of the country. Hamilton understood that in order to build an industrial society it was necessary to make investment attractive and profitable. Being a former military aide to Washington he had the president's ear and was able to get most of his ideas accepted. Alexander Hamilton was a man of questionable motives and was forever haunted by his humble origins, but he was undoubtedly a brilliant judge of economic determination and nation building.
Was Alexander Hamilton pro-British?
No. Alexander Hamilton's mother, Rachel Faucett Lavien, was half-French; his father, James A. Hamilton, was a Scotsman and minor member of the Scottish gentry. Hamilton was born out of wedlock on the Isle of Nevis in the West Indies.
The success of a financial plan will be determined by?
How resources are used
Which of Alexander Hamilton's plans was rejected?
None of them were rejected. The plan on Manufacturing was shelved. No vote, no action. Hamilton realized Congress wasn't ready for it, so he went ahead and created Paterson, NJ and the society SUM - Society for establishing Useful Manufactures. Again a little ahead of its time. But 30 to 40 years later, it really took off there and manufacturing led America to world success. The National Park Service just designated it as one of their historical sites. We visited it last summer and quite a tribute there to Alexander Hamilton and for his wisdom and foresight.
Alexander Hamilton based much of his financial program on his belief that?
The success of the national government required the support of the propertied classes
What ideology states that competition is the key to economic success?
capitalism
Which ideology states that competition is the key to economic success?
Capitalism
What ideology states that's competition is the key to success?
capitalism
Which Ideology states competition is the key to economic success?
Capitalism
What contributions did Alexander Hamilton make to economic development and why is he considered father of American capitalism?
Alexander Hamilton was the first Secretary of the Treasury under George Washington and as such he attempted to put into place several measures that were designed to establish a healthy and productive relationship between American business and the American government. He advocated the establishment of a national bank, the support of government in the building of infrastructure designed to assist the growth of industry, and he embraced the idea of credit and investment of the wealthy in the success of the country. Hamilton understood that in order to build an industrial society it was necessary to make investment attractive and profitable. Being a former military aide to Washington he had the president's ear and was able to get most of his ideas accepted. Alexander Hamilton was a man of questionable motives and was forever haunted by his humble origins, but he was undoubtedly a brilliant judge of economic determination and nation building.
What is the name of Albert Hitchcock's greatest financial success?
Alfred Hitchcock's greatest financial success is the movie "Psycho."
Which economic system has the most opportunity for people to have economic success?
Arguably capitalism
Can financial success mean different things to different people?
Absolutely. Different people have different standards of financial success. For example, some people may think having 1 million dollars is a success while other aspire to be a billionaire. Also, different people measure financial success differently. For instance, some people think that being debt-free is financial success. Other people think financial success can only be measured in terms of assets. Indeed, financial success means can very different things.
Was Alexander Hamilton pro-British?
No. Alexander Hamilton's mother, Rachel Faucett Lavien, was half-French; his father, James A. Hamilton, was a Scotsman and minor member of the Scottish gentry. Hamilton was born out of wedlock on the Isle of Nevis in the West Indies.
What do financial success mean?
You make $.
The success of a financial plan will be determined by?
How resources are used
