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Those who opposed Hamilton's financial policies were northern merchants who believed in government by the wealthy and powerful?
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∙ 14y ago
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∙ 14y ago
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What is the purpose of debt equity mix?
Equity represents owners financial stake in the business. It is normally believed that business belongs to those who have major financial stake. It is also believed that those who are having more financial stake will devote more time in futherence of the business and will be involved in the business. The debt equity ratio is an indicator. It compares the owners' stake to the money borrowed from outsiders.
Losses after the stock market crash were believed to be in the?
in the billions
Why Jacksonian democrats opposed the national bank?
The believed it favored a wealthy few.
How public expenditure can be paid for?
The expenditure incurred by public authorities like central, state and local governments to satisfy the collective social wants of the people is known as public expenditure. It is basically spending made by the government of a country on citizens' needs on items such as pension, provision, infrastructure etc. Public expenditure was restricted only to a small extent till 19th century due to laissez faire followed by the government, as classical then believed money left in private hands could bring better returns. It was only in 20th century when John Maynard Keynes pointed out the important role of public expenditure in determining the level of income and distribution in the economy. Since then government's expenditure has shown an increasing trend.
Why was speculation in the stock market so popular in the 1920s?
Because it was believed to get people rich quick.
Did Those who opposed Hamilton's financial policies were northern merchants who believed in government by the wealthy and powerful?
false
Those who opposed Hamilton's financial policies were northern merchants who believed in government by the wealthy and powerful.?
false
Why did Jefferson oppose hamiltons financial plan?
For one, they both hated each other, so that complicated things. But also, Jefferson was an anti-federalist, he believed that the powers of the federal government were limited to what explicitly stated in the constitution, and the Bank, which would give the federal government significant power over the economy, was a big no-no.
What was Alex Hamiltons position on Federalism?
He was a federalist that believed in having a strong central government by creating the national bank.
What did Alexander Hamilton believed that the US needed?
A stronger central government with the power to actively support merchants. He also wanted the US to respect the debts it had incurred.
How did hamiltons and jeffersons views toward the interpretation of the constitution different?
Alexander Hamilton believed in a loose interpretation, while Thomas Jefferson believed in a strict interpretation.
Which statement best reflects alexander hamiltons views regarding the power of a federal government?
Alexander Hamilton believed in federal government being much like it was in Great Britain. He valued a powerful centralized government with assumption of state debts and a government-owned bank.
What did merchants believe in?
merchnts believed in gods ...alot of gods
What is the origin of accounting?
Accounting is believed to have been originated and developed by the MERCHANTS OF VENICE.
What did Hoover think would result if financial assistance was given directly to people?
they would become lazy and dependent on that income
What did Hamilton?
He was a federalist and believed in a strong central government. He was the Secretary of Treasury in George Washington's cabinet and saved the contry from financial crisis. Hamilton created the National Bank which was disputed but was a major step in our government's growth.
What did Alexander Hamilton believe about people?
He was a federalist and believed in a strong central government. He was the Secretary of Treasury in George Washington's cabinet and saved the contry from financial crisis. Hamilton created the National Bank which was disputed but was a major step in our government's growth.
