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Alexander Hamilton's financial plan included raising revenue and paying off the country's war debts. The plan also proposed establishing a national bank.
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∙ 2014-07-03 18:56:54
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Who did Hamiltons plan favor?
The Wealthy :)
Why did some states oppose hamiltons plan to repay the national debt?
They did not benefit from the 'accumulation' of that debt or the decisions causing it, so why should they pay. An early expression of 'states-rights'.
What were some of the results of hamiltons financial plan?
Alexander Hamilton was the first US Secretary of the Treasury. His plan was successful in many ways. He founded a national bank, and he had America establish its own currency so no one had to use the British pound. He also came up with the idea for the national bank to sell bonds to the American people. This allowed the government to use the interest it earned to help pay off the war debt.
What compromise led to acceptance of Hamiltons plan for reducing the national debt?
The Compromise of 1790 led to the acceptance of Alexander Hamilton's plan for reducing the national debt. This compromise was the first big compromise reached by the new government in America.
What was the plan presented by Edmund Randolph?
The plan was the Virginia plan
Who supported hamiltons finacial plan?
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.
Who did Hamiltons plan favor?
The Wealthy :)
What was hamiltons plan to repay debt?
Youmad bro?
Why did antifederalists oppose Alexander hamiltons's plan?
Why did Antifederalists oppose Alexander Hamilton's plan
What led Jefferson to oppose Hamiltons plan to promote industry and found a national bank?
HIS SMARTNESS LED HIM TO HAMILTONS PLANS
After World war2 Europe received large amounts of finacial aid because of?
The Marshall Plan
Why did antifederalists oppose Alexander Hamiltons plan?
Why did Antifederalists oppose Alexander Hamilton's plan
Why was hamiltons plan to solve the crisis controversial?
it was t0 go and start a war
Who would benefit from hamiltons plan to fund the national debt?
your mom would. (;
What was Alexander Hamiltons plan to spend up industrialization in the US?
Increase the population
What was hamiltons plan for restructuring the national debt?
to take over man kind
Why did the southern states dislike hamiltons plan?
they thought it favored the northern states
