Hamilton's financial plan

Answer 1

The Hamilton's

Financial Plan stabilized the country as well as strengthen the industry. the united states was in dept and Alex Hamilton issued new securities bonds.

Improved answer:

What he said plus it was about tariffs and the hated failure excise taxes

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the US was in debt after the Rev. war, so Hamilton offered the ppl security bonds to be paid back by the government in a few years. it worked.

Answer 2

1. debt
2. create a national bank
3. raise money

Answer 3

1. The Interest-Bearing Federal Bond Program: Money invested into the federal government. This increases debt, but also redefines the debt. There are two types of debt: foreign (money owed by the federal government to foreign nations) and public (money owed by the federal government to its people). We used to have foreign debt, but now we had public debt (which is the better debt to have).

2. Federal Assumption of State War Debt: The states had war debt, so the government says they will assume the debt and try to pay it off. This is to show the people that the government helps us, in response to Shay's Rebellion.

3. The First National Bank: A bank created and used by Congress to standardize financial policy for the states. This caused a dispute, and so to end the dispute, Hamilton agreed to move the national capitol from Pennsylvania down to Virginia in its own district called the District of Columbia.

4. The Hamilton Tax Plan: Tax Plan made up of two taxes: the Protective Tariff of 1789 and the excise tax on whiskey. The Protective Tariff of 1789 was a tax on imports to get Americans to buy more goods in the United States. This was because Alexander Hamilton was trying to start the manufacturing of goods in the United States. The excise tax on whiskey was a luxury tax because the people of the time drank whiskey like bottled water. This caused the Whiskey Rebellion.

Altogether, Hamilton's tax plan helped to stabilize the Treasury of the United States and was very successful in being the first financial policy of the United States.

Answer 4

Federalist Alexander Hamilton believed in a strong central government, and sought security for the young nation. His financial plans were to: 1. Establish the bank of the United Staes. 2. Pay back the national debt. 3. Impose direct taxes on people. 4. Put an import tariff in place.

Answer 5

Part 1: Pay off the foreign debt.

Part 2: Issue new bonds to cover old ones.

Part 3: Establish the National Bank.

Answer 6

Alexander Hamilton's financial plan included raising revenue and paying off the country's war debts. The plan also proposed establishing a national bank.