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

More people were killed by the Black Death than by the Hundred Years’ War.

Nitella [24]

True, because many people died when the Black Plague/Black Death came through Europe.

6 0

3 years ago

Read 2 more answers

How do embargoes impact world trade?

sweet [91]

Answer:

At times, trade embargoes work because they can <u>contribute to more peace and stability</u>, and they can even prevent the debilitation of human rights violations, terrorism, aggression and nuclear threat. However, long term restrictions can be quite damaging and aggravate poverty and the standard of living for civilians.

Explanation:

if wrong pls forgive me pls

mark me brainliest pls

3 0

2 years ago

Read 2 more answers

Some political theorists might argue that individual rights must, at times, be sacrificed to promote what?

liubo4ka [24]

Continuance of freedoms in the future. For example, by having access to text messages, police can find out whether any terrorist attacks are being plotted. This ensures that people aren't hurt. Yet, reading through text messages is seen as an infringement of privacy, which many view as an individuals right

8 0

3 years ago

Define eoonomic activities

frutty [35]

Answer:

Explanation:

An economic activity takes place when resources such as capital goods, labour, manufacturing techniques or intermediary products are combined to produce specific goods or services. Thus, an economic activity is characterised by an input of resources, a production process and an output of products (goods or services). - brainlist if correct

3 0

1 year ago

Read 2 more answers

The word culture derives from the Getting ready to go out on a first date with someone she first contacted through a dating app,

kherson [118]

Answer:

Looking glass self

Explanation:

Looking-glass self is a social theory that states that how we view ourselves is a result of how other people view us, that is, individuals view themselves based on the perception of others. This theory was introduced by Charles Horton Cooley in 1902 and it focuses on the development of self-concept.

Jada's wardrobe change to suit the perception of the individual she has a date illustrates looking-glass self theory, her view of herself is influenced by the individuals preference.

8 0

2 years ago