Why did hamilton believe a national debt would strengthen the united states and help to ensure its survival?
1 answer:
Hamilton
believe that the national debt would strengthen the U.S. and help them to
ensure their survival was because of the following;
-
The debt is a way of tying the states together
-
Loyalty was pronounced in the states once debt
is filed
-
Power was strengthen to the federal government
-
There was a presence of linkage between the bond
holders and the states economy
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