What was Hamilton suggesting of entrepreneurs in his "Report on Manufactures" in 1791? To increase economic productivity by seek

Question

3 years ago

15

What was Hamilton suggesting of entrepreneurs in his "Report on Manufactures" in 1791? To increase economic productivity by seek

ing trade agreements. To guard trade secrets and other intellectual property from competitors. To seek to cut costs by lowering wages. To increase economic output by taking ideas from more developed manufacturers

Business

2 answers:

Vesnalui [34] · Answer 1 · 2022-07-22T06:01:25+03:00

Vesnalui [34]3 years ago

7 0

I believe the answer is the last option.

scZoUnD [109] · Answer 2 · 2022-07-22T03:54:34+03:00

The answer is: To increase economic output by taking ideas from more developed manufacturers

At that time period, companies in united states still haven't fully embrace the development that brought in by the industrial revolution.

Hamilton created the reports to suggest the entrepreneur to start learning from the companies that had already implemented the latest technologies in their manufacturing so they can increase their production.