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What were the 3 areas of the national debt that Hamilton wanted the federal government to pay?
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What was the National Bank?
The bank that Thomas Hamilton wanted to have created so that the federal government can deposit money raised from taxes.
What was the level of government Hamilton wanted to strengthen?
Hamilton was a Federalist, so he wanted to strengthen the executive branch of the national government
Why did Hamilton move so rapidly to create large financial commitments by the federal government?
because he wanted to establish national credit.
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.
How did the federalists and the democratic-republicans differ from each other?
Federalists, like Alexander Hamilton wanted to support England, wanted a strong powerful government, a national bank and a loose interpretation of the Coast. On the other hand, Democratic-Republicans disagreed. They wanted to support France, wanted a small federal government, no national bank and a strict interpretation of the Coast.
Which political party wanted a strong central government?
The Federalists, led by Alexander Hamilton, wanted a strong national government for the US.
Hamilton wanted the Federal government to assume the war debts of the Second Continental Congress and also of the thirteen states?
Yes, Hamilton wanted the federal government to take on the war debt. He proposed a National Bank, which was met with opposition from many. Hamilton prevailed, and the First Bank of the United States was chartered in 1791.
How did the federalists and democratic-republicans differ from each other?
Federalists, like Alexander Hamilton wanted to support England, wanted a strong powerful government, a national bank and a loose interpretation of the Coast. On the other hand, Democratic-Republicans disagreed. They wanted to support France, wanted a small federal government, no national bank and a strict interpretation of the Coast.
What were Hamilton's first financial policies intended for?
Hamilton created the first financial policies with the intention that they would fund the national debt. He had hoped to accomplish a stronger federal government by having federal government assume the debts incurred by the nation and the states.
Who was the Leader of the federalists who wanted the national government to be stonger than the state governments?
Alexander Hamilton
Who wanted the national government to have the power to interpret the constitution for the federal system?
Federalists
Why did the federal government begin building the national road?
The government wanted to help the pioneers travel west.
