The reason why the United States economy became more reliant on money in the late 1800's because of the Civil War. The U.S needed to pay for the expenses of transporting soldiers, feeding them, and etc. Going to war is not free, and it is a very hefty price when a country goes to war. Because of this, the United States started to compose what is now called "income tax." The income taxed made citizens pay to help fund the war. After the war, they also needed money to rebuild the South.
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Hamilton’s economic system can be good in terms of economy.
It will create a stronger country at the however, it will also create a
disparity between the wealthy and the poor. The wealthy will become wealthier
by lending their money to the poor while the poor will be poorer because they
will be full of debts