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what was Hamilton's plan for paying state debts
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What was hamiltons plan to repay debt?
Youmad bro?
Who would benefit from hamiltons plan to fund the national debt?
your mom would. (;
What was hamiltons plan for restructuring the national debt?
to take over man kind
What was hamiltons plan for the national debt?
By using national banks. There for when people went to the bank they had owned money. That had made America increase there debt.
What was a part of Alexander hamiltons plan for restructuring the nations debt?
developing a strong commercial and industrial economy
What was Hamiltons plan for reducing the national debt?
By using national banks. There for when people went to the bank they had owned money. That had made America increase there debt.
What deal helped win support from the southern states in hamiltons debt plan?
He promised to locate the capitol in the south.
What was Hamiltons plan to pay off national debt?
Hamilton's plan to pay off the national debt had three parts. The first was to pay off all war debt, next was to raise government revenue and last to create a national bank.
What was Hamilton's plan for paying debts?
what was Hamilton's plan for paying state debts
What part of Alexander hamiltons plan for restructing the nations debt?
Alexander Hamilton's plan for restructuring the nation's debt primarily involved consolidating federal and state debts into a single national debt, which would be managed by the federal government. He proposed the federal assumption of state debts incurred during the Revolutionary War, arguing that this would establish the creditworthiness of the new nation. Additionally, Hamilton advocated for the creation of a national bank to facilitate the management of this debt and to stabilize the economy. This plan aimed to unify the country’s financial system and promote economic growth.
What is a reason that some people did not like Alexander Hamiltons idea in 1790?
The reason that some people did not like Alexander Hamilton's idea in 1790 is because they were opposed of Hamilton's plan to pay off debts. Many war debts were already fulfilled in the South. The North was still obligated to pay their debt and Hamilton felt aiding in paying off this debt would be beneficial for the economy. The South however was opposed due to the fact they already contributed into paying off their debt.
What is a repayment assistance plan?
Under Canadian law, a repayment assistance plan involves the government partially paying an individual's student loan debt. The first stage consists of the student paying as much as they can reasonably afford, which goes directly toward paying down the principal debt. The government covers the interest costs. If this does not end the debt, the individual may proceed to Stage Two, in which the government continues to assist, possibly paying some or all of the principal debt in addition to the interest.
