Economy crash
or
economical crash
On June 20, 1790, Secretary of State Thomas Jefferson Secretary of Treasury Alexander Hamilton and Representative from Virginia James Madison met to discuss issues at Congress. These men were political opponents.Hamilton, a Federalist, wanted the Federal Government control the political and economic power; Madison and Jefferson, Republicans, wanted the states to have this power. This meeting is known as the “Compromise of 1790.”
During this compromise It was agreed that the capital would be moved to the South. In this way the south received compensation over the war debts between Hamilton and Jefferson. The result was that Philadelphia was replaced by Washington as the nation´s capital.
French for 'leave alone', laissez-faire is an economic theory that became popular in the 18th century. The driving idea behind laissez-faire as a theory was that the less the government is involved in free market capitalism<span>, the better off business will be, and then by extension society as a whole.</span>
Nativists believed they were the true “Native” Americans, despite their being descended from immigrants themselves. In response to the waves of immigration in the mid-nineteenth century, Nativists created political parties and tried to limit the rights of immigrants.
