1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alecsey [184]
3 years ago
9

What was Hamilton’s plan to pay off the national debt

History
2 answers:
ANEK [815]3 years ago
7 0

Answer:

  • The government assume the entire debt of the federal government and the states.
  • Retire the old depreciated obligations by borrowing new money at a lower interest rate.
  • Congress had the power to create a bank because the Constitution granted the federal government authority to do anything "necessary and proper" to carry out its constitutional functions (in this case its fiscal duties)
  • Aid the nation's infant industries

Reference: Digital History (2019). Alexander Hamilton's Financial Program. [online] Digital History.

Korolek [52]3 years ago
4 0
When the paramount problem facing Hamilton<span> was a huge </span>national debt<span>. He proposed that the </span>government<span> assume the entire </span>debt<span> of the </span>federal government<span> and the states. His </span>plan<span> was to retire the old depreciated obligations by borrowing new money at a lower interest rate. </span>
You might be interested in
How did the greeks influence roman writers
Tamiku [17]
The Greeks were taken over by the Romans. The Romans too many of the Greek gods and renamed them. Every god needs a story, right? The Romans took the Greek stories and made them their own. 
3 0
3 years ago
The Black Codes put limits on the lives of the African American. Describe how the Codes affected the right of African Americans
Zielflug [23.3K]

Answer:

kmvkfijgifdninfg

Explanation:

4 0
2 years ago
Roosevelt formed the “Bull Moose” party because
mars1129 [50]
After Roosevelt failed to get the Republican nomination, he called his own convention and created a new Progressive Party, nicknamed the Bull Moose Party This name came into existence when reporters suggested that Roosevelt was no longer fit for the officeand he replied "I'm as fit as a bull moose
6 0
3 years ago
Read 2 more answers
What are the two main jobs of private financial institutions?
kupik [55]

Answer:

Financial institutions can be divided into two main groups: depository institutions and nondepository institutions. Depository institutions include commercial banks, thrift institutions, and credit unions. Nondepository institutions include insurance companies, pension funds, brokerage firms, and finance companies

Explanation:

~Hope this helps

3 0
3 years ago
What was the cause of the Mexican American war
oksian1 [2.3K]

The Mexican-American War was in the period 1846-1848.  The main causes of the Mexican-American War were mainfest destiny (Americans believed that thye have the right to expand westward and conquer territory despite the rights of the indigenous people already living on that land), westward expansion, economics, and slavery

5 0
2 years ago
Read 2 more answers
Other questions:
  • Which is a false statement about the use of longitude and latitude lines on maps?
    14·2 answers
  • If you think magic is real put yes if you dont put no.
    6·2 answers
  • How did Bismarck use war to create a united Germany under Prussian rule?
    5·1 answer
  • Which colony was the first to move into the pro-declaration camp after a victory against the loyalists? If you could answer this
    8·1 answer
  • Which was a role of the Ottoman Empire in North Africa? A. maintained military presence to prevent rebellion B. administered pel
    12·1 answer
  • Who made pizza and how is it soooo good
    8·2 answers
  • Why was nelson mandela admired?
    7·1 answer
  • During WWII and after WWII who was the Soviet leader?
    13·2 answers
  • An introduction about racism on biblical creation​
    15·1 answer
  • Help help help help!!!!!!!!!!
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!