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What economic problems did the new government face with Jefferson and hamilton?
Wiki User
∙ 11y ago
The biggest economic problem for Alexander Hamilton and his new government was recovering from the 54 million dollar federal debt arising from the Revolution. The states owed another 25 million. Confederate paper money was worthless.
Wiki User
∙ 9y ago
Wiki User
∙ 11y agoIt Has To Do With Market Failure, (ETC)
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How did Hamilton's financial attempt to solve the nation's economic problems?
He tryed to rape George washington
How does the government try to promote economic strength?
The best way the US government can promote economic strength is through innovation. Innovation creates ideas, solves problems, and develops jobs for future generations.
What term describes the belief that economic problems can work themselves out in the marketplace without government help or controls?
Delusion
What is the characteristics of mixed economic system?
# The private sector controls some part of natural resources and the government controls the other # The government plays an important role in resolving economic problems faced by society # Private ownerships and governments cooperate to produce goods and resolve together fundamental economic problems # The government also provides services such as education, health, military defense, legal and infrastructure to society. # The government influence in determining the goods to be produced.
Why do you face economic problems?
Because the US government insists on creating wars and supporting countries that we can no longer afford to subsidize.
The member of congress who led the opposition against Hamilton's plan?
Thomas Jefferson opposed Hamilton's Financial Plan. Jefferson felt that Hamilton was being quite irrational and that his plan would eventually cause a great deal of problems in the U.S.
What did Jefferson and hamilton suggest to solve problems of articles fo confederation?
plz ansewer
What was the result of Thomas Jefferson's Embargo Act?
Economic problems in America
How did Hamilton's plan attempt to solve the nation's economic problems?
Hamilton improve the nation's finance: 1. Paying off all war debts 2. Raise government revenues 3. Create a national bank
How did Hamilton financial plan attempt to solve the nation economic problems?
Hamilton improve the nation's finance: 1. Paying off all war debts 2. Raise government revenues 3. Create a national bank
How did Hamilton's financial attempt to solve the nation's economic problems?
He tryed to rape George washington
What were some of the economic problems in the roman empire in the third century?
Government problems
Who opposed Alexander Hamilton's tariff policy on part because they believed thqt hogh tariffs would cause problems?
Thomas Jefferson and his followers opposed Alexander Hamilton's tariff policy.
What are three traits of Alexander Hamilton?
He was Arrogent yet well-respected. Very ambitious and humble.
What was to blame for the economic and other problems in the US after the revolution?
A Weak Central Government
What was the blame for economic and other problems in the US after the revolution?
A Weak Central Government
What economic problems trouble the nation at the beginning of Washington's presidency and how were they solved?
National debt. Hamilton solved it by creating a national bank
