0
Why did Hamilton move so rapidly to create large financial commitments by the federal government?
Wiki User
∙ 14y ago
because he wanted to establish national credit.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Hamilton wanted the federal government to take over in full the old Revolutionary War debt of the Continental Congress and the states because he believed that?
Hamilton believed that if the federal government took over the debt, it would inspire favor toward the government from well-to-do creditors. Alexander Hamilton served as the 1st United States Secretary of the Treasury.
What were six problems with the new government after the American Revolution?
the government is great and the financial progress would not be continued.
Hamilton wanted the Federal government to assume the war debts of the Second Continental Congress and also of the thirteen states?
Yes, Hamilton wanted the federal government to take on the war debt. He proposed a National Bank, which was met with opposition from many. Hamilton prevailed, and the First Bank of the United States was chartered in 1791.
Hamilton wanted the Federal government to assume and pay the war debts owed by both the?
Congress and the thirteen states.[: Audralynne :]
Where is Caixa Economica Federal located?
The Caixa Economica Federal is a federal bank that is located in the heart of Brazil. It is the largest government-run financial institution in all of Latin America.
Hamilton's policy of having the federal government pay the financial?
funding and assumption
What was included in Hamilton's financial plan?
Hamilton's financial plan consisted of the federal government assume payment of the debts contracted by the states. This was during the Revolution.
Hamilton's policy of having the federal government pay the financial obligations of the states?
Assumption
Hamilton's first financial policies were intended?
The intention of Hamilton's initial financial policies was for the federal government to assume the debts the states owed, and fund the national debt. Alexander Hamilton severed as the 1st United States Secretary of the Treasury.
Hamilton policy of having the federal government take over and pay the financial obligations of the states?
Assumption .
Who develop a plan to address federal financial problems?
Alexander Hamilton
What were Hamilton's first financial policies intended for?
Hamilton created the first financial policies with the intention that they would fund the national debt. He had hoped to accomplish a stronger federal government by having federal government assume the debts incurred by the nation and the states.
What was the most serious flaw in Alexander Hamilton's national bank?
Hamilton's financial plan is significant not only for its attempt mostly successful to restore the nation's credit
Did hamilton want a strong federal government?
yep
What did Alexander Hamilton believe was the major role of the federal government?
Alexander Hamilton believed that a major role of the federal government was to support and encourage trading with other countries.
What was the funding and assumption plan?
It was Alexander Hamilton's plan of that the federal government pay its full and assume the remaining debt of the states in order to place the government on a sounder financial footing.In other words, it was Hamilton's agressive financial policy of paying off all federal bonds and taking on all state bonds.For more information, look it on Quizlet (Definitions) and get the details you were looking for if they aren't on here.
What did Alexander Hamilton believe that a major role of the Federal Government was?
Alexander Hamilton believed that a major role of the federal government was to support and encourage trading with other countries.
