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developing a strong commercial and industrial economy
What else can I help you with?
What did Alexander Hamilton plan on doing to reducing the nation debt?
he slept
Who proposed a plan in 1790 to pay off the nation's debt?
Alexander Hamilton
Why did Alexander hamilton want a bank?
because our new nation was in debt after the war against Britain
What part of Alexander hamiltons plan for restructing the nations debt?
Alexander Hamilton's plan for restructuring the nation's debt primarily involved consolidating federal and state debts into a single national debt, which would be managed by the federal government. He proposed the federal assumption of state debts incurred during the Revolutionary War, arguing that this would establish the creditworthiness of the new nation. Additionally, Hamilton advocated for the creation of a national bank to facilitate the management of this debt and to stabilize the economy. This plan aimed to unify the country’s financial system and promote economic growth.
What did Alexander Hamilton mean when he said the public debt was the price of liberty?
When Alexander Hamilton referred to the public debt as the "price of liberty," he suggested that incurring debt was a necessary sacrifice for the greater good of establishing and maintaining a free and independent nation. He believed that taking on debt could finance essential government functions and infrastructure, ultimately strengthening the country. By responsibly managing public debt, Hamilton argued that the nation could secure its freedom and promote economic growth, reinforcing the idea that some level of debt can be beneficial for national prosperity.
How did Thomas Jefferson's view of the national debt from that of Alexander Hamilton?
Jefferson wanted to pay off the debt; Hamilton did not.
How did thomas Jefferson view of the national debt from that of Alexander hamilton?
Jefferson wanted to pay off the debt; Hamilton did not.
Name the father of the national debt?
Alexander Hamilton
Did Alexander Hamilton want National Debt?
Yes.
How do historians view Alexander Hamilton?
they viewed him as a successful secretary since he established a financial plan for the new nation that was in a drastic debt. = ] hope that helped!
What did Alexander Hamilton believe was one of the benefits of his plan regarding the nation debt?
Novanet: The plan would enrich investors and promote new businesses.
What deal helped to win support Alexander Hamilton's debt plan from southern states?
what deal helped to win the support for alexander hamilton's debt plan from southern states
