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What is the main idea and significance of the report on manufactures?
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∙ 14y ago
The "Report on Manufactures" was a proposal by Alexander Hamilton to promote industrialization and economic diversification in the United States. Its main idea was that a strong manufacturing sector was essential for national security and economic growth. The significance of the report lies in its impact on shaping American economic policy, leading to the establishment of protective tariffs and government support for industry.
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