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What is Hamilton's economic plan?

Updated: 12/10/2022
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11y ago

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One of the great problems of the Articles of the Confederation was the government's financial problem. Alexander Hamilton, who was the secretary of the treasury, had a new plan to fix US finances.

1) Pay of the national war debt, and have the government assume states individual debt.

2) impose high tariffs on imported goods (to protect the nations industries).

3) Create a national bank. Congress did adopt Hamilton's plan, they just made some adjustments.

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11y ago
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13y ago

Alexander Hamilton's economic plan was to start a national bank and a national mint to keep our money safe. He had many plans for the United States but this and his finantial plans are the most remebered. <3

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13y ago

to chop down every tree and put a big mall up

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Related questions

Who opposed Hamiltons economic plan?

Congress, Jefferson, Pennsylvania farmers(Whiskey Rebellion)


What were the main components of Hamiltons economic plan?

The main components of Hamilton's economic plan were to raise tariffs, make states to agree to pay debts and create a national bank. There were different arguments regarding this plan but eventually Hamilton won.


What was hamiltons plan to repay debt?

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Why did antifederalists oppose Alexander hamiltons's plan?

Why did Antifederalists oppose Alexander Hamilton's plan


What led Jefferson to oppose Hamiltons plan to promote industry and found a national bank?

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Hamiltons economic measure repealed by Jefferson and Gallatin?

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Why did antifederalists oppose Alexander Hamiltons plan?

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Who would benefit from hamiltons plan to fund the national debt?

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Why was hamiltons plan to solve the crisis controversial?

it was t0 go and start a war


What was hamiltons plan for restructuring the national debt?

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What was Alexander hamiltons plan to speed up industrialization in the United states?

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What was Alexander hamiltons's plan for the adequate support of public credit?

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