How did the economy develop under the guidance of Alexander Hamilton

2 answers:

7 0

Alexander Hamilton was appointed as the first ever secretary of Treasury by President Washington. He changed and largely developed the economy by proposing a National Bank among other things. He encouraged nationalism and production within America. Debts were to be paid off whether they were domestically or internationally from the war and war bonds. Hamilton got acts passed for paying off foreign debt, redeeming domestic debts, assuming the states debts (since many states before the Constitution did not pay the federal government) and increasing tariffs. He also had a tax on distilled drinks (like whiskey) processed in Congress. (Excise At of 1791) I hope that helps.

Advocard [28]4 years ago

3 0

Hamilton was part of the federalist era, and believed in using force against rebellion. Under Hamilton, the U.S. economy developed well as he helped America grow into an industrial power. Hope this is useful.

You might be interested in

For ______, social solidarity depended on an effective combination of controls through modes of social integration and social re

Nana76 [90]

I believe the answer is: Durkheim

In durkheim's social solidarity model, social solidarity is divided into mechanical solidarity and organic solidarity.
The mechanical solidarity is created by following a same tradition/ritual as a member of a certain social group, while organic solidarity is created through the division of labor.

3 0

3 years ago

Were more hot dogs solid on Mon and thu?

disa [49]

Answer:

The answer is yes.

Explanation:

Mark me brainliest

5 0

3 years ago

How do employees benefit from the government being involved in the labor market?

Levart [38]

The answer is

By helping good employees find jobs, the government is also helping employers find good employees.

4 0

4 years ago

"what was the purpose of colonialism as it was practiced by the major european powers during eighteenth, nineteenth, and twentie

geniusboy [140]

Answer:

Below are some of the purposes of colonialism practiced by European powers.

Explanation:

Maintenance of the hegemony: Recruitment to the hegemony during those times was based on how much territory a colonial power had under its control.
In order to get labor: There was cheap skilled and non-skilled labor in the colonized continents and states e.g Africa and Asia.
In order to obtain slaves who they imported to their countries as labor in their plantations.
Most of the colonies were unexplored, there was a lot of undiscovered minerals especially Africa which still exist to date.

4 0

3 years ago

Read 2 more answers

What was the result of the brown vs. board of education case?

just olya [345]

Answer:

In this milestone decision, the Supreme Court ruled that separating children in public schools on the basis of race was unconstitutional. It signaled the end of legalized racial segregation in the schools of the United States, overruling the "separate but equal" principle set forth in the 1896 Plessy v. Ferguson case.

8 0

2 years ago