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Q: What did Hamilton want the us economy to be based on?
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How did Hamilton hope to strengthen the US economy?

Hamilton wanted strengthen the US economy by incentivizing the money men to invest in the US Government which allowed for the paying off of our debts and to be respected in Europe with the money lenders to get a lower rate and to buy more time until the economy had a chance to develop some maturity. It worked brilliantly. We were overwhelmed with debt in the 1780s and by 1794 we were getting a premium from our bonds over Britain, France, Netherlands, etc. and America's greatness was funded by the strength of this system and the structure of our government and the respect for our legal system.


What did the south of the US have an economy based on before the civil war?

Agriculture, especially cotton for sale the the British textile industry.


Why did the US want the Allies to win World War I?

The US had many similarities with the Allies including ancestry, language, economy, and government systems.


Why does the US have such a powerfull economy?

The economy of the USA is based on capitalism. Investors are willing to risk money in order to make a profit. The economy is also based on supply and demand. Whatever the consumer wants produced and will buy, some entrepreneur will provide it. As a result, billions of dollars are spent everyday on American products and billions of products are consumed.


Is Alexander Hamilton on any US currency?

He is on the $10 bill

Related questions

What were Thomas Jefferson and Alexander Hamilton's opinions on the US economy - what should it be based upon?

by making a better economy by helping others so that others help the them to make there economy better


What was the economy of the Southern US States based on?

The economy of the US Southern States was based on agriculture. Cotton and tobacco were the main crops for decades, including colonial America to the present.


What is the US economy based on?

what is Canada's economy absed on


What kind of system is the US economy based on?

capitalism :) i think


What production is the current US economy is based primarily?

Services.


Describe the sectional economic differences in the US during the early 1800?

The North had an economy based on trade & manufacturing. The South's economy was based on farming. In the West, the economy was just emerging.


What was the Southern economy based on as the US Civil War began?

As the US Civil War unfolded, the economy of the Confederate states was based on agriculture. The main crops they farmed were cotton, tobacco and rice.


Is France's economy better than the US's?

yes,France Economy is better then US's economy


What is the US economy based on which is the private ownership of farms and businesses?

Capitalism


What are the values underlying economic decision making in Canada and the US?

Well, since Canada is a mixed economy and the USA is a market economy, you could say that the economy is kind of a market economy. So the values are more based on what each individual person wants, not what the majority of the people want. Hope it helped:)


Why do corporations operate as the core of the US economy?

The US has a capitalistic economy that is based on business innovation and competition. Corporations are the ones that drive a capitalist economy.not helpful


What is an economy like the US that exhibits elements of both capitalism and socialism known as?

Such an economy is called a MIXED ECONOMY.