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Alexander Hamilton, as the first Secretary of the Treasury, proposed the establishment of a national bank, known as the Bank of the United States, in 1791. He believed that a national bank would stabilize and improve the nation's economy by providing a uniform currency, facilitating government transactions, and promoting commerce and trade. This institution aimed to manage debt and create a strong financial system, ultimately laying the foundation for modern American banking.
What else can I help you with?
Is the economy getting better?
The economy is starting to get better. As of October 2009, the economy is at the 100 year average. Economy will continue to get better.
Which is better the American economy or the Mexican economy?
As of 2011 the American economy is better than the Mexican economy. However.... The Mexican Economy has the potential to surpass the American economy. In 2010: the American Economy grew: 2.9% the Mexican Economy grew: 5.3%
Is open end economy better than closed economy?
no
Comparision of China's present economy with economy of China in 1960?
in the 1960's people had less jobs less opportunities for a better life & now they have better jobs &better lifes
What types of economy's is most likely to develop new and better products?
A Market economy is most likely to develop new and better products.
What were Thomas Jefferson and Alexander Hamilton's opinions on the US economy - what should it be based upon?
by making a better economy by helping others so that others help the them to make there economy better
Why did WAshington choose Alexander Hamilton?
because he was thought he was better then thomas jefferson so he went for the federalist party
How was Jefferson a better president than Washington?
he thought and invented more things
Why did Hamilton encourage federalist to vote for Jefferson instead of burr?
Although Hamilton disliked Jefferson he thought Jeffersons veiws, were better for the country
Who is better hearts or Hamilton?
hearts of course is better then hamilton
Is the economy getting better?
The economy is starting to get better. As of October 2009, the economy is at the 100 year average. Economy will continue to get better.
Who would've thought that adding alcohol to a beverage would actually make it taste better. San Fran did when they invented what?
Irish Coffee
Why did Hamilton support the U.S. Constitution?
He supported it because he thought it was the best system that could be devised, although it was a throng of compromises and he wished the government were stronger. Since Hamilton couldn't stand the government under the Articles and thought the Constitution was better than anything else, he fought tirelessly for it, braving the New York ratifying convention and writing the Federalist Papers.
What has the author Christine Hamilton written?
Christine Hamilton has written: 'For Better or Worse' 'Christine Hamilton's Bumper Book of British Battleaxes'
Who is better Lewis hamilton or massa?
massa as he drives for a better team
Which is better the American economy or the Mexican economy?
As of 2011 the American economy is better than the Mexican economy. However.... The Mexican Economy has the potential to surpass the American economy. In 2010: the American Economy grew: 2.9% the Mexican Economy grew: 5.3%
Who is better Charles Hamliton or Wu-Tang?
Nobody likes Wu-Tang...... Charles hamilton is not given the credit that is deserved. Charles hamilton is better
