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The were at least 4 Financial System/Economic Plans submitted to Congress between January of 1790 and early 1794. The first was in establishing credit. Another on establishing a bank. Also Manufacturing initiatives to augment our agricultural society. The creation of the U.S. Mint and the coinage of money was another plan submitted. Three were approved, the Manufacturing was ahead of its time and essentially shelved for 30 to 40 years and then blazed the trail with ideas.

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Cassandra Dibbert

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2y ago
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13y ago

Part 1: Pay off the foreign debt.

Part 2: Issue new bonds to cover old ones.

Part 3: Establish the National Bank

Part 4: Establish District of Columbia as nations capital.

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9y ago

Alexander Hamilton supported government intervention in favor of business as well as economic protectionism over free trade. His ideas and concepts were so well received, he is considered the forefather of American economic philosophy.

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12y ago

1. Full funding of debt

2. Assumption of state debt

3. Bank of U.S.

4. Excise tax

5. Protective Tariff

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11y ago

1.) Paying off all war debts

2.) raising government revenues

3.) creating a national bank

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Q: What were the main points of Alexander Hamilton and economic plan?
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