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What was the new financial plan that Alexander Hamilton developed to solve the problems in the national government?
Wiki User
∙ 10y ago
For congress to pay back the $25 million in loans and to create a bank of the United States. He said the bank was needed to collect taxes and circulate money.
A. Hamilton was appointed Secretary of Treasury near the beginning of George Washington's presidency. As a close adviser to Washington, he proposed a plan.
A - He believed that in the long term aspect of things, paying off all war debts would to better for their economy
B - To create more "motivation" he believed it would be best to raise all government revenue
C - Finally he proposed to create a national bank
Now the national bank was looked down upon, and took quite a lot of support, especially from the south, and when created, it was not treated as such it should be. Eventually, problems were solved and all three compromises were met to create an overall better economy
- Pay back war debts
- Raise government revenue
- Create a national bank
Wiki User
∙ 10y ago
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As secretary of the treasury what was Alexander Hamiltons main job?
Alexander Hamilton's main job as Secretary of the Treasury was to deal with the government's financial issues.
What As secretary of the Treasury what was Alexander Hamilton's main job?
Alexander Hamilton's main job as Secretary of the Treasury was to deal with the government's financial issues.
Who wrote a financial plan for the United states?
Alexander Hamilton
The financial policies of secretary of treasury Alexander hamilton and early supreme court decisions strengthened the powers of?
The national government
Alexander Hamilton based much of his financial program on his belief that?
The success of the national government required the support of the propertied classes
As secretary of the treasury what was Alexander Hamiltons main job?
Alexander Hamilton's main job as Secretary of the Treasury was to deal with the government's financial issues.
What was the Secretary of treasury Alexander Hamilton main job?
Alexander Hamilton's main job as Secretary of the Treasury was to deal with the government's financial issues.
What did Alexander Hamilton not do as secretary of the Treasury?
Alexander Hamilton did not purchase territory from Spain.
What As secretary of the Treasury what was Alexander Hamilton's main job?
Alexander Hamilton's main job as Secretary of the Treasury was to deal with the government's financial issues.
What part of the government was formed under the advise of Alexander Hamilton in order to correct the nations financial troubles?
Hamilton
Who wrote a financial plan for the United states?
Alexander Hamilton
Who develop a plan to address federal financial problems?
Alexander Hamilton
Brilliant administrator and financial wizard whose career was plagued by doubts about his character and belief in popular government?
Alexander Hamilton was a brilliant administrator and financial wizard who played a key role in shaping the early United States government. However, his reputation was tainted by accusations of corruption and doubts about his commitment to democracy due to his preference for a strong central government and elitist attitudes.
What did Alexander Hamilton's plan for financial review focus on?
Alexander Hamilton's plan for financial review focused on financial stability necessary to fight another war should one arise with the foreign threats of Britain and Spain. Hamilton suggested funding the foreign debt by selling government bonds, and further proposed that state debts be assumed by the national government.
Hamilton's first financial policies were intended?
The intention of Hamilton's initial financial policies was for the federal government to assume the debts the states owed, and fund the national debt. Alexander Hamilton severed as the 1st United States Secretary of the Treasury.
The financial policies of secretary of the treasury Alexander hamilton and early supreme court decisions strengthened the powers of?
The national government
The financial policies of secretary of the treasury Alexander hamilton and early supreme court decisions strenghened the powers of who?
the national government
