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How did the national assembly hope to pay off the national debt?
Wiki User
∙ 7y ago
They confiscate the property of the Catholic Church and the emigres.
Wiki User
∙ 13y ago
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How did the national assembly pay off huge government debt?
Selling off the property of the Catholic Church and Noble emigres.
What was Alexander Hamiltons biggest challenge?
to pay off national debt
How did thomas jeffersons view of the national debt differ from that of Alexander Hamilton?
Jefferson wanted to pay off debt. Hamilton did not. CB
Did President Clinton pay off the National Debt using the Social Security Fund?
Yes
The objections to paying off the national debt at full value included?
Many farmers and soldiers had sold their bonds to speculators at greatly reduced prices, and if the national debt was paid off at full value, the speculators would reap the benefits, while the original bond holders would lose out. Alexander Hamilton was a proponent of paying the debt off at full value.
How did the national assembly plan to pay off government debt?
They would give them whiskey.
How did the national assembly pay off government debt?
They sold off amounts of the Catholic Church which owned 10% of the land in France.
The National Assembly voted to pay off the huge government debt by selling lands owned by?
louis XVI
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.
Why did Hamilton's want national taxes?
to pay off the national debt
How did the national assembly pay off huge government debt?
Selling off the property of the Catholic Church and Noble emigres.
Who was the president to pay off his national debt?
my mom
What was Alexander Hamiltons biggest challenge?
to pay off national debt
What did the National Assembly do with Church land they seized?
A. They sold the land to pay off debt. B. They divided the land amongst the peasants. C. They used the land to compensate nobles who lost land. D. They redistributed the land equally amongst the people
Why did Alexandria Hamilton proposed the first National Bank to?
Pay off the national debt
Why was the first national bank proposed by Alexandria Hamilton?
Pay off the national debt
Who was the only one to pay off the national debt?
Andrew Jackson was the only president to date to actually pay off the national debt. President Jackson paid off the debt in 1835. He was a wise man by doing so. Many people get confused and believe that there is no national debt when there is a surplus. The last president to balance the budget and regain a surplus of revenue was Bill Clinton and he did it only for one fiscal year.
