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Hamilton wanted strengthen the US economy by incentivizing the money men to invest in the US Government which allowed for the paying off of our debts and to be respected in Europe with the money lenders to get a lower rate and to buy more time until the economy had a chance to develop some maturity. It worked brilliantly. We were overwhelmed with debt in the 1780s and by 1794 we were getting a premium from our bonds over Britain, France, Netherlands, etc. and America's greatness was funded by the strength of this system and the structure of our government and the respect for our legal system.
What else can I help you with?
What did Hamilton want the us economy to be based on?
Novanet: Industrial and commerical.Industrial and commercial
What were the elements of Alexander Hamilton's financial plan for the US?
Alexander Hamilton's financial plan included the federal assumption of state debts, the establishment of a national bank, and the implementation of a system of tariffs and excise taxes to generate revenue. He aimed to create a stable national economy by consolidating state debts into a federal obligation, thus ensuring creditworthiness. The national bank would facilitate government transactions and manage currency, while tariffs would protect American industries and provide funds for the new government. Overall, Hamilton's plan sought to strengthen the federal government and promote economic growth.
According to Alexander Hamilton what was the first thing the nation needed to do in order to strengthen itself financially?
Create a line of credit by going into debt to a European nation. Holland I believe was the first nation to loan us cash.
What did the Confederation Congress do to strengthen the US?
Rabbit
Is Alexander Hamilton on any US currency?
He is on the $10 bill
What was created in order to strengthen the US economy?
Bank of the United States
Who wanted to create a national bank to help strengthen the economy of the US?
thomas jefferson
What did Hamilton want the us economy to be based on?
Novanet: Industrial and commerical.Industrial and commercial
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
What was created to strengthen the us economy?
There are several steps that the United States government took to strengthen the economy. They ensured that millions of people were working by creating many industries across the country.
What are the responsibilities of the Secretary of the Department of Agriculture?
The Secretary of the US Department of Agriculture is Tom Vilsack. His job is to strengthen the agricultural economy, and help to build up the rural communities.
What decisions was Alexander Hamilton in charge of?
Alexander Hamilton was the Secretary of the Treasury under President Washington. It was a powerful position and it was the largest department in the new US government. In this capacity, Hamilton laid the foundations for a powerful national economy. Hamilton made decisions concerning funding the debts incurred under the Articles of Federation and preserving the US currency among other decisions such as how the government should pay the holders of government bonds.
How did Jacksons Specie Circular of 1836 affect the economy of the us?
contributed to the great depression It contributed to the depression of 1837.
Do you prefer Hamilton or Jefferson's vision of the US?
Hamilton
What is the mission statement of the us army corp of engineers?
Provide vital public engineering services in peace and war to strengthen our Nation's security, energize the economy, and reduce risks from disasters.
How does Christmas strengthen us?
Christmas can bring families together and strengthen relationship bonds. It can also strengthen your spiritual beliefs.
According to Alexander Hamilton what was the first thing the nation needed to do in order to strengthen itself financially?
Create a line of credit by going into debt to a European nation. Holland I believe was the first nation to loan us cash.
