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]3 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

Locate a large lake in Utah. What is its name?

laila [671]

I think it's called Salt Lake

5 0

3 years ago

Read 2 more answers

involves meeting the needs of the present without sacrificing the ability of future generations to meet their own needs. Group o

NeTakaya

Sustainable development involves meeting the needs of the present without sacrificing the ability of future generations to meet their own need.

<h3>What is Sustainable development ?</h3>

Sustainable development serves as the term that refers to idea that human societies must live and meet their needs.

And this meeting of needs must be done without compromising the ability of future generations to meet their own needs.

Learn more about Sustainable development at;

brainly.com/question/2847405

7 0

1 year ago

A role of the second continental congress was to:

zysi [14]

<u>Answer</u>:

A role of the second continental congress was to (D) Manage the revolutionary war .

<u>Explanation</u>:

“Second Continental Congress” met after the revolutionary war started. So, they made strategies, raised the armies and made formal treaties to run the states. It was then when they appointed "George Washington" as their commander-in-chief.

“Second Continental Congress” managed the colonial war and working towards America's independence was their major aim. They said that British did not have a legal claim over the colonies. They formed a Continental Army to fight against the British.

6 0

2 years ago

What country was made up mostly in Hindus ?

andreev551 [17]

India is the biggest Hindu country in terms the number of people with this religion, and also the majority of Indians are Hindus. However, it is not the country that has the highest percentage of Hindus; this place is taken by Nepal.

5 0

2 years ago

PLEASE HELP THIS IS DUE IN AN HOUR!!!

rusak2 [61]

Answer:

I believe its fascism

Explanation:

The definition of Fascism is "Fascism (/ˈfæʃɪzəm/) is a form of far-right, authoritarian ultranationalism characterized by dictatorial power, forcible suppression of opposition and strong regimentation of society and of the economy which came to prominence in early 20th-century Europe." which I think makes the most sense (totally just using my intuition so this might be wrong)

3 0

2 years ago