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What did Jefferson and Hamilton think of the economy?

Updated: 8/21/2019
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Q: What did Jefferson and Hamilton think of the economy?
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If Alexander Hamilton was a New Yorker and Thomas Jefferson was from Virginia How do you think that affected their views on the economy?

Hamilton wanted a strong central government, but Jefferson believed that it was the right of the people to rule their economy.


What ways Hamilton and Jefferson disagree on the economy is?

Hamilton believed it was all in the industries while Jefferson believed and favored more the agricultural economy


Did Alexander Hamilton support agriculture economy?

No, it was Jefferson.


How did Hamilton hope to diversify and strengthen the U.S. economy Why did Jefferson disagree with Hamilton on this issue?

Hamilton wanted to promote the growth of manufacturing and commerce. Jefferson disagreed because he was worried about depending too much on a business and manufacturing economy.


What did Jefferson think of Hamilton?

Jefferson disliked Hamilton because they were political rivals and had opposing views


What did Jefferson think Hamilton's excise tax?

Jefferson thought it could work. In other words, Jefferson sided with Hamilton.


What were the differences between Jefferson and Hamilton's on the ideal economy?

They differed on many points, but one of the most prominent is that Hamilton advocated a strong Central Bank whereas Jefferson rejected the notion.


Thomas Jefferson and Alexander Hamilton political ideology?

Foreign Policy:- Hamilton wanted the U.S to ally with Britain. - Jefferson wanted the U.S to ally with France.Fiscal Policy:- Hamilton wanted a central bank to govern the nation's finances.- Jefferson distrusted banks and central authority, ergo he disliked the bank.Slavery:- Hamilton supported the abolition of slavery.- Jefferson owned slaves and allowed it to spread west (despite personal disgust at slavery)


Why did hamilton think that Jefferson Was the better choice for president?

George Washington favored Hamilton over Jefferson because George and Hamilton were both Republicans


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


How did Hamilton's economic policies differ from Jefferson's?

As a federalist, Hamilton wanted a strong national/federal governament, while Jefferson favored state governaments. Hamilton favored Britain, America's major trading partner, as according to the foreign policy, while Jefferson liked France, the U.S.'s first ally. Hamilton wanted the economy brought up on Manufacturing and Industry, and Jefferson thought farming was best.


Why did Thomas Jefferson not like Hamilton?

because he was black I think it's fair to ignore the first answerer. There's no real reason that I'm aware of except that they simply disagreed about nearly everything. Jefferson wanted to spread the power, but Hamilton wanted to keep amongst a few elites. Jefferson feared tyranny, but Hamilton feared anarchy. Jefferson was free and creative, but Hamilton was neat and organized. Jefferson wore plainer clothes; Hamilton dressed more formally. Jefferson supported farming; Hamilton, manufacturing. Jefferson = strict construction; Hamilton = loose construction. The list goes on.