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.
the government is great and the financial progress would not be continued.
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.
Congress and the thirteen states.[: Audralynne :]
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.
funding and assumption
Hamilton's financial plan consisted of the federal government assume payment of the debts contracted by the states. This was during the Revolution.
Assumption
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.
Assumption .
Alexander Hamilton
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.
Hamilton's financial plan is significant not only for its attempt mostly successful to restore the nation's credit
yep
Alexander Hamilton believed that a major role of the federal government was to support and encourage trading with other countries.
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.
Alexander Hamilton believed that a major role of the federal government was to support and encourage trading with other countries.