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Who donated the money that established the American institution that would come to be known as the nation's attic'?

The American institution known as the "nation's attic," the Smithsonian Institution, was established largely through a donation from James Smithson, a British scientist. In his will, Smithson left his fortune to the United States to create an institution for the increase and diffusion of knowledge. His bequest, amounting to about $500,000, was used to establish the Smithsonian in 1846.


Why did alexander hamilton urge the founding of the first bank of the US?

Alexander Hamilton conceived the first bank to handle the huge debt incurred during the Revolutionary War. It was also used to create a standard form of currency.


What did Alexander Hamilton one of the US Founding Fathers established in the city of Paterson?

Alexander Hamilton established the Society for Establishing Useful Manufactures (SEUM) in Paterson, New Jersey, in 1791. This initiative aimed to promote industrial development in the United States by harnessing the area's water power, particularly from the Passaic River, to support manufacturing. Hamilton's vision for Paterson was to create a center for American industry and innovation, which contributed to the early growth of the American manufacturing sector.


What term refers to an institution created by a society to create and enforce public policies?

Government is an institution created by a society to create and enforce public policies.


Why did Alexander Hamilton want to create permanent national debt?

It was to enhance the governments credit

Related Questions

Institution established by Hamilton to create a stable currency and bitterly opposed by states' rights advocates?

Bank of the United States


Who donated the money that established the American institution that would come to be known as the nation's attic'?

The American institution known as the "nation's attic," the Smithsonian Institution, was established largely through a donation from James Smithson, a British scientist. In his will, Smithson left his fortune to the United States to create an institution for the increase and diffusion of knowledge. His bequest, amounting to about $500,000, was used to establish the Smithsonian in 1846.


Who was the author of a plan to create a national bank in the US?

Alexander Hamilton was the author of a plan to create a national bank in the US. He proposed the establishment of the First Bank of the United States in 1791 as a way to promote a stable currency and stimulate economic growth.


Which term refers to an institution create by a society to create and enforce public policies?

Government is an institution created by a society to create and enforce public policies.


Why did alexander hamilton urge the founding of the first bank of the US?

Alexander Hamilton conceived the first bank to handle the huge debt incurred during the Revolutionary War. It was also used to create a standard form of currency.


What was invented by Hamilton that he thought would make the economy better?

Alexander Hamilton, as the first Secretary of the Treasury, proposed the establishment of a national bank, known as the Bank of the United States, in 1791. He believed that a national bank would stabilize and improve the nation's economy by providing a uniform currency, facilitating government transactions, and promoting commerce and trade. This institution aimed to manage debt and create a strong financial system, ultimately laying the foundation for modern American banking.


Which term refers to an institution by a society to create and enforce public policies?

Government is an institution created by a society to create and enforce public policies.


Who wanted to create a national bank?

Hamilton


Which terms refer to an institution created by a society to create and enforce public policies?

Government is an institution created by a society to create and enforce public policies.


Which term refer to an institution created by a society to create and enforce public policies?

Government is an institution created by a society to create and enforce public policies.


What term refers to an institution created by a society to create and enforce public policy's?

Government is an institution created by a society to create and enforce public policies.


Which term refers to an institution created by a society to create and enforce public policy?

Government is an institution created by a society to create and enforce public policies.