Want this question answered?
establish the nation's financial credibility.
Hamilton believed that his policies would make the nation strong and united for the first time. America would transform from being deeply indebted nation into a wealthy nation that could grow it's manufacturing base, expand commerce and defend itself against the intrigues of other nations.
They created a strong economy by having industrial, building, and trades
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.
Alexander Hamilton favored strong powers of taxation for the federal government. He saw money as the lifeblood of the nation. Without strong federal powers regarding taxation, the government could not perform a common or general duty of ensuring the well being of the nation. Thus, tariffs, for example, are one measure that will help ensure that the federal government can function in its duty to serve the nation as a whole.
establish the nation's financial credibility.
Hamilton believed that his policies would make the nation strong and united for the first time. America would transform from being deeply indebted nation into a wealthy nation that could grow it's manufacturing base, expand commerce and defend itself against the intrigues of other nations.
developing a strong commercial and industrial economy
Alexander hamilton
They created a strong economy by having industrial, building, and trades
Hamilton believed that his policies would make the nation strong and united for the first time. America would transform from being deeply indebted nation into a wealthy nation that could grow it's manufacturing base, expand commerce and defend itself against the intrigues of other nations.
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.
He was a federalist and believed in a strong central government. He was the Secretary of Treasury in George Washington's cabinet and saved the contry from financial crisis. Hamilton created the National Bank which was disputed but was a major step in our government's growth.
Alexander Hamilton favored strong powers of taxation for the federal government. He saw money as the lifeblood of the nation. Without strong federal powers regarding taxation, the government could not perform a common or general duty of ensuring the well being of the nation. Thus, tariffs, for example, are one measure that will help ensure that the federal government can function in its duty to serve the nation as a whole.
Hamilton believed that his policies would make the nation strong and united for the first time. America would transform from being deeply indebted nation into a wealthy nation that could grow it's manufacturing base, expand commerce and defend itself against the intrigues of other nations.
a strong central government is essential for the economic growth of the nation
They were each better for different reasons. Some of Thomas Jefferson's writings still inspire people today. Alexander Hamilton did more to create the foundations of our nation and to unite it...legal system, economic system, government system, financial system, military system, etc.