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Select the best description of why most wealthy northern merchants supported Alexander Hamilton's ideas?
Most wealthy northern merchants supported Alexander Hamilton's ideas because his financial policies promoted a strong central government that could effectively regulate trade and commerce. Hamilton's proposals, including the establishment of a national bank and the assumption of state debts, aimed to stabilize the economy and create a favorable environment for business. This alignment with mercantile interests helped secure stability and growth, which was beneficial for their businesses. Additionally, Hamilton's vision of a robust industrial economy resonated with their aspirations for economic expansion.
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What political party supported Alexander Hamiltons opinion that the US needed strong central government?
JUnio Agusto
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.
What group supported the ratification of the 21st Amendment?
Many people including farmers and merchants.
What kinds of Americans supported Alexander Hamilton?
Alexander Hamilton's financial plan was supported by George Washington. The purpose of the plan was to deal with inflation, debt and a downward economy.
President Thomas Jefferson approved the Louisiana Purchase in 1803. He and other Democratic-Republicans had doubts about the decision however because?
While Alexander Hamilton supported merchants, Thomas Jefferson was more sympathetic toward the needs of
What political party supported Alexander Hamiltons opinion that the US needed strong central government?
JUnio Agusto
While Alexander Hamilton supported merchants Thomas Jefferson was more sympathetic toward the needs of who?
farmers
Federalist were supported by all except?
Federalist were supported by merchants, property owners, and workers dependent on manufacturing and trade.
Which political party supported Alexander?
federalists
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.
What group supported the ratification of the 21st Amendment?
Many people including farmers and merchants.
What group supported farmers' efforts to regulate railroad shipping rates?
urban merchants
Who supported strong central government?
Alexander Hamilton
What political party supported the creation of the bank of US and the Jay Treaty?
Alexander Hamilton began the Federalist Party which supported a strong central government and a national bank
What kinds of Americans supported Alexander Hamilton?
Alexander Hamilton's financial plan was supported by George Washington. The purpose of the plan was to deal with inflation, debt and a downward economy.
President Thomas Jefferson approved the Louisiana Purchase in 1803. He and other Democratic-Republicans had doubts about the decision however because?
While Alexander Hamilton supported merchants, Thomas Jefferson was more sympathetic toward the needs of
Was Alexander Hamilton for national banks?
Yes, Alexander Hamilton supported the founding of national banks due to his position as a Federalist.
