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George Washington believed in fiscal responsibility and the importance of establishing credit for the new nation. To address the large national debt, he supported measures such as the assumption of state debts by the federal government and the establishment of a national bank to manage finances effectively. Additionally, he endorsed tariffs and excise taxes to generate revenue for debt repayment, emphasizing the need for a strong economic foundation to ensure the country's financial stability.

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1y ago

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What is one of the major problems caused by large national debt?

The problem with debt is you need to repay them. A large national debt would be detrimental to the future generations as they will bear higher tax burden to repay these debts. There are lesser benefits as well since portions of Government revenue will have to be allocated to return debts.


Where in Washington DC would you find the Washington Monument?

The Washington Monument is located in downtown Washington, D.C. It is on the National Mall, a national park administered by the National Park Service.


how can i get started on getting a grand , would i have to repay ?

“how can i get started on getting a grand , would i have to repay ”


What is a large balance?

A large balance would be considered any amount you can not repay within a specific amount of time. Either pay the balance in full each month or at the end of the promotional period.


Where is the Washington Memorial located?

The Washington Memorial is located in Washington, D.C. It is located in, or perhaps "At" would be the better word, the National Mall, and is surrounded by the 50 state flags.


How would you use the word repay in a sentence?

If you borrow money, you should repay who you borrowed it from to avoid debts.


Where would you find Charles Lindberghs plane?

The National Air and Space Museum in Washington, DC.


What would be considered the most valuable contribution of the administration of George Washington?

Establishment of a strong national government


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Well, you would have to get a job, so you would earn money.


What national parks names in the west suggest that they protect mountain areas?

One national park that has a name suggesting the protection of a mountain or mountainous area would be Mount Rainier National Park in Washington. Another would be the Rocky Mountain National Park in Colorado.


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While it would be possible for a tornado to cause major damage to a significant portion of Washington D.C. (in 2002 a large F4 tornado came within 30 miles), no tornado would be large enough to affect the entire city.


Would Muslim women repay missed salat after menstruation?

No.

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