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How did hamilton plan to protect US merchants?

Hamilton planned to protect the US merchants by imposing high tariffs on imported goods. This in turned would cause Americans to buy goods made in the US.


How did Alexander hamilton plan to protect American merchants?

Alexander Hamilton aimed to protect American merchants primarily through the establishment of a strong federal government that would regulate commerce and impose tariffs on imported goods. He advocated for a national bank to facilitate loans and stabilize the economy, which would benefit merchants by providing easier access to credit. Additionally, Hamilton supported the creation of a coast guard to protect American shipping from piracy and foreign interference, thereby ensuring safer trade routes.


How did Hamilton plan to raise money?

Alexander Hamilton wanted a protective tariff to protect American industry.


What was Alexander hamiltons financial plan?

Alexander Hamilton's Financial Plan was a collection of three reports that Hamilton forwarded at the American parliament under the administration of George Washington. The three reports that constituted Alexander Hamilton's financial plan were known by the names of First report on public credit, second report on public credit and the report on manufacturers.


What was Hamilton's plan for paying debts?

what was Hamilton's plan for paying state debts


Why were Alexander Hamilton's plan to tax the American people opposed by many southerns?

They did not want to bail the northerners out.


Why were Alexander Hamilton plan tax the American people opposed by many southerners?

They did not want to bail the northerners out.


Why were Alexander Hamilton's plan to tax the American people opposed by many southerners?

They did not want to bail the northerners out.


Why were Alexander Hamilton plan to tax the American people opposed by many southerners?

They did not want to bail the northerners out.


What was Alexander hamiltons plan?

Alexander Hamilton's Financial Plan was a collection of three reports that Hamilton forwarded at the American parliament under the administration of George Washington. The three reports that constituted Alexander Hamilton's financial plan were known by the names of First report on public credit, second report on public credit and the report on manufacturers.


What three steps did Hamilton and financial plan include?

Alexander Hamilton's financial plan included three key steps: first, the federal government would assume state debts from the Revolutionary War to establish national credit. Second, he proposed the creation of a national bank to stabilize and improve the nation's credit and manage its finances. Lastly, Hamilton advocated for a system of tariffs and excise taxes to generate revenue for the government and protect emerging American industries.


What was Hamilton's plan for paying state debt?

what was Hamilton's plan for paying state debts