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Alexander Hamilton favored an industrial economy, advocating for manufacturing and infrastructure development to strengthen the United States. In contrast, Thomas Jefferson championed an agrarian economy, emphasizing the importance of agriculture and rural life. Jefferson believed that a nation of independent farmers was vital for democracy and civic virtue, while Hamilton saw industrialization as essential for economic growth and national power. Thus, their visions for the economy were fundamentally opposed.

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Did Alexander Hamilton support agriculture economy?

No, it was Jefferson.


What type of economy did Alexander hamilton want?

Novanet: Industrial and commerical.Industrial and commercial


What was Alexander Hamilton's view on yeoman farmers?

Alexander Hamilton was a Federalist, in favor of a strong central government and more commercial and industrial expansion. The yeoman farmer was considered a symbol of Jefferson's Republican party, which favored local government and agrarian economy.


If Alexander Hamilton was a New Yorker and Thomas Jefferson was from Virginia How do you think that affected their views on the economy?

Hamilton wanted a strong central government, but Jefferson believed that it was the right of the people to rule their economy.


What type of economy did Alexander hamilton want to develop?

Novanet: Industrial and commerical.Industrial and commercial


How did hamilton and l Jefferson's views of government and the economy?

Alexander Hamilton and Thomas Jefferson had contrasting views on government and the economy. Hamilton advocated for a strong central government and a robust industrial economy, emphasizing the importance of a national bank and federal support for manufacturing. In contrast, Jefferson favored a limited government with more power vested in the states, championing an agrarian economy based on farming and individual land ownership. Their differing visions laid the groundwork for the emergence of the first political parties in the United States.


Was a part of Alexander Hamilton plan for restructuring the nation debt?

developing a strong commercial and industrial economy


What Jefferson differed from Hamilton in that he supported?

Thomas Jefferson differed from Alexander Hamilton in that he supported a more agrarian-based economy and emphasized the importance of states' rights and individual liberties. Jefferson advocated for a limited federal government, believing that power should reside primarily with the states and the people. He was wary of centralized authority and the influence of industrial interests, which he felt could threaten democracy. In contrast, Hamilton favored a strong central government and a commercial economy.


Thomas Jefferson and Alexander Hamilton political ideology?

Foreign Policy:- Hamilton wanted the U.S to ally with Britain. - Jefferson wanted the U.S to ally with France.Fiscal Policy:- Hamilton wanted a central bank to govern the nation's finances.- Jefferson distrusted banks and central authority, ergo he disliked the bank.Slavery:- Hamilton supported the abolition of slavery.- Jefferson owned slaves and allowed it to spread west (despite personal disgust at slavery)


Did Alexander Hamilton promote an economy based on manufacturing and economic growth while Jefferson believed that agriculture was the key?

No it's the oppisite.


What was not a characteristic of hamilton and his supporters?

One characteristic that was not typically associated with Alexander Hamilton and his supporters was a strong emphasis on agrarianism. While Hamilton and his followers, known as the Federalists, favored a strong central government and an industrial economy, they did not prioritize the agrarian interests that were championed by their political opponents, such as Thomas Jefferson and the Democratic-Republicans. Instead, Hamilton advocated for a commercial and urban economy, focusing on trade, finance, and manufacturing.


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