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1. Deal with the debt

- take on the foreign and domestic debt by replacing creditors old low value bonds with new intrest bearing bonds.

- Take over most of the sates $25 million Revolutionary war debts.

2. Gain Revenue

- Pass a tariff to both bring money and help American manufacturing

3. Stabilize the Banking System

- Create a national bank

- Create a national mint

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12y ago
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9y ago

There are actually 4 parts to Alexander Hamilton's economic plan and they were

  • assumption of debts- gradually pay off debts. he wanted good credit with state and foreign nations
  • establish federal banks
  • tarrifs
  • government funding for indistiries (WAS NOT PASSED)
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Q: What is the Alexander Hamilton economic plan?
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