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When Hamilton took office as Secretary of Treasury, he created a financial plan that would create a national bank, pay off war debts, and put a tariff on exported goods that would hopefully encourage industrialization in America.
Wiki User
∙ 14y ago
Wiki User
∙ 6y agoThe American Revolution had left the national government and states deeply in debt, which was mainly in the form of tax
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Why did Jefferson oppose hamiltons financial plan?
For one, they both hated each other, so that complicated things. But also, Jefferson was an anti-federalist, he believed that the powers of the federal government were limited to what explicitly stated in the constitution, and the Bank, which would give the federal government significant power over the economy, was a big no-no.
Who would benefit from hamiltons plan to fund the national debt?
your mom would. (;
Why was hamiltons plan to solve the crisis controversial?
it was t0 go and start a war
What was Alexander hamiltons financial plan?
Alexander Hamilton's Financial Plan was a collection of three reports that Hamilton forwarded at the American parliament under the administration of George Washington. The three reports that constituted Alexander Hamilton's financial plan were known by the names of First report on public credit, second report on public credit and the report on manufacturers.
Why were Alexander hamiltons plan to tax the people opposed by many southerns?
They did not want to bail the northerners out.
What was one of the constitutional debates surrounding Hamiltons financial plan?
One of the outcomes of the constitutional debate concerning the financial plan of Alexander Hamilton was the construction of the Treasury Department. Hamilton was the first Secretary of the Treasury.
Why did Jefferson oppose hamiltons financial plan?
For one, they both hated each other, so that complicated things. But also, Jefferson was an anti-federalist, he believed that the powers of the federal government were limited to what explicitly stated in the constitution, and the Bank, which would give the federal government significant power over the economy, was a big no-no.
What was one outcome of the constitutional debate surrounding Hamiltons financial plan?
One of the outcomes of the constitutional debate concerning the financial plan of Alexander Hamilton was the construction of the Treasury Department. Hamilton was the first Secretary of the Treasury.
What was hamiltons plan to repay debt?
Youmad bro?
What was Alexander hamiltons plan?
Alexander Hamilton's Financial Plan was a collection of three reports that Hamilton forwarded at the American parliament under the administration of George Washington. The three reports that constituted Alexander Hamilton's financial plan were known by the names of First report on public credit, second report on public credit and the report on manufacturers.
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?
HIS SMARTNESS LED HIM TO HAMILTONS PLANS
Was Alexander hamiltons smart?
Yes. Have you read the Federalist? Have you seen his financial plan? The list of reasons why he is smart is endless, but I think it would be easiest to find information on those two things.
Jefferson abolished hamiltons financial system when he became president?
i think it false
Why did antifederalists oppose Alexander Hamiltons plan?
Why did Antifederalists oppose Alexander Hamilton's plan
What was hamiltons plan for restructuring the national debt?
to take over man kind
Why was hamiltons plan to solve the crisis controversial?
it was t0 go and start a war
