to discuss the withdrawal of the new England states from the
union
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Term1/11
One way to show that a statement is NOT a good definition is to find a
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Definition1/11
to find a counterexample
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Term1/11
What did the delegates at the Hartford convention demand from the government
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Definition1/11
amendments to the constitution that would strengthen New
England's political power
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Term1/11
How did Thomas Jefferson's view of the national debt differ from that of Alexander Hamilton
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Definition1/11
Their views were very different. After consolidating all the US foreign debt, the national debt and the state's debts (largely war costs), Hamilton saw the loans from Europe at 4 % instead of 6% as a breather for a few years while to give a chance for our economy to develop. He had set up a 'sinking fund' which was responsible for paying it off.
Jefferson abhorred a national debt and it was a very high priority to pay it off ASAP. Very noble but then we had no money available to keep our security strong at home and Britain was tempted to take advantage and thus led us to the War of 1812-14. Jefferson did not understand finances.
Jefferson also detested banks, the stock market, and manufacturing. He did not understand the value of their contribution. He denigrated Hamilton and his economic system. His first objective when he became president was to have his Secretary of Treasury, the esteemed Swiss Albert Gallatin, review all Hamilton's systems and root them out of being! After the review was done, Jefferson was told that the system was perfect and if you removed one part it would all fail. Jefferson, Madison, and Monroe all benefited from Hamilton's economic system throughout their 24 years of Presidencies.
The ironic thing is that Jefferson was only able to purchase the Louisiana Territory because of Hamilton's financial credit success. Most of it was obtained through European lenders. Jefferson wanted to pay off the debt; Hamilton did not
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Term1/11
What groups tended to favor tariffs
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Definition1/11
NovaNet ANSWER: Northern industrialists
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Term1/11
What was the effect of settlers pouring into Spanish Florida after the war
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Definition1/11
Spain's decision to cede Florida to the United States
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Term1/11
How did the alien and sedition acts divide American political parties
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Definition1/11
Federalists supported the acts. Democratic Republicans opposed
them.
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Term1/11
Why did the American troops often lose battles to much smaller forces
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Definition1/11
They were poorly trained and inexperienced.
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Term1/11
Which of the followign reflects a boom phase in a capitalist economy
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Definition1/11
Emplotment, profits, and incomes are high.
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Term1/11
What was the goal of Macon's bill no.2
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Definition1/11
To persuade France and Great Britain to recognize neutrality
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Term1/11
What effect did the sanctity of contracts have on state governments' power
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Definition1/11
it limited the power of states to regulate business
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Cards in this guide (11)
What was the purpose of the Hartford Convention
to discuss the withdrawal of the new England states from the
union
One way to show that a statement is NOT a good definition is to find a
to find a counterexample
What did the delegates at the Hartford convention demand from the government
amendments to the constitution that would strengthen New
England's political power
How did Thomas Jefferson's view of the national debt differ from that of Alexander Hamilton
Their views were very different. After consolidating all the US foreign debt, the national debt and the state's debts (largely war costs), Hamilton saw the loans from Europe at 4 % instead of 6% as a breather for a few years while to give a chance for our economy to develop. He had set up a 'sinking fund' which was responsible for paying it off.
Jefferson abhorred a national debt and it was a very high priority to pay it off ASAP. Very noble but then we had no money available to keep our security strong at home and Britain was tempted to take advantage and thus led us to the War of 1812-14. Jefferson did not understand finances.
Jefferson also detested banks, the stock market, and manufacturing. He did not understand the value of their contribution. He denigrated Hamilton and his economic system. His first objective when he became president was to have his Secretary of Treasury, the esteemed Swiss Albert Gallatin, review all Hamilton's systems and root them out of being! After the review was done, Jefferson was told that the system was perfect and if you removed one part it would all fail. Jefferson, Madison, and Monroe all benefited from Hamilton's economic system throughout their 24 years of Presidencies.
The ironic thing is that Jefferson was only able to purchase the Louisiana Territory because of Hamilton's financial credit success. Most of it was obtained through European lenders. Jefferson wanted to pay off the debt; Hamilton did not
What groups tended to favor tariffs
NovaNet ANSWER: Northern industrialists
What was the effect of settlers pouring into Spanish Florida after the war
Spain's decision to cede Florida to the United States
How did the alien and sedition acts divide American political parties
Federalists supported the acts. Democratic Republicans opposed
them.
Why did the American troops often lose battles to much smaller forces
They were poorly trained and inexperienced.
Which of the followign reflects a boom phase in a capitalist economy
Emplotment, profits, and incomes are high.
What was the goal of Macon's bill no.2
To persuade France and Great Britain to recognize neutrality
What effect did the sanctity of contracts have on state governments' power
it limited the power of states to regulate business