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Alexander Hamilton's financial plan had several components including the creation of a national bank, and the imposition of direct taxes. Another part of the plan was to place tariffs on imports.

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βˆ™ 9y ago
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βˆ™ 15y ago

Hamilton wanted to improve the new nation's financial reputation and to eliminate debt. he felt this would make a stronger nation. he wanted to pay off debt to other nations and to individual American citizens.

He also felt that it was important to have a strong National Bank.

He felt that tariffs would promote and protect American industry. Furthermore, Hamilton wanted a National Bank. He was a "loose-constructive" politician and felt that the Constitution was not to be taken TOO literally...

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βˆ™ 13y ago

designed to ensure that the new country paid off its debts, built up its credit, improved its economy, and develop a strong industrial base.

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βˆ™ 9y ago

Paying off all war debts, raising government revenues, creating a national bank.

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Q: What was the purpose Alexander Hamilton's financial plan?
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Why did Antifederalists oppose Alexander Hamilton's plan


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.


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 plan?

Why did Antifederalists oppose Alexander Hamilton's plan


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 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.


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

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What kinds of Americans supported Alexander Hamilton?

Alexander Hamilton's financial plan was supported by George Washington. The purpose of the plan was to deal with inflation, debt and a downward economy.


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.


Why were Alexander hamiltons plan to tax the people opposed by many southerns?

They did not want to bail the northerners out.


What was a part of Alexander hamiltons plan for restructuring the nations debt?

developing a strong commercial and industrial economy