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Explain how the conflict between hamilton and jefferson led to the emergence of the first political parties?
Hamilton-supported business, had loose interpretation of the Constitution, supported the National Bank, supported tariffs, opposed the French RevolutionJefferson-supported agriculture, had strict interpretation of the Constitution, opposed the National Bank, opposed tariffs, supported the French Revolution
What are the three main provisions in the American System?
The three main provisions in the American System were to establish a protective tariff, or to create a tax on imported goods that protects a nation's business from foreign competition; establishing a national bank that would promote a single currency; and to improve the country's transportation systems.
Hamilton's national bank?
Hamilton supported the creation of the First Bank of the United States. Alexander Hamilton served as the 1st United States Secretary of the Treasury.
Is the national bank and the second bank of the US the same?
The National Bank and the Second Bank of the United States are the same. The term national bank can refer to the Bank of North America as well as the First Bank of the United States.
Battle over national bank?
The battle over national bank happened when president Jackson wanted to get rid of the national bank
