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Lyrx [107]
4 years ago
13

What was the name of the trading policy that Secretary of State John Hay initiated with China and the European nations that alre

ady had a presence there? A. the open door policy B. the containment policy C. the import and export policy D. the spheres of influence policy
History
1 answer:
Anvisha [2.4K]4 years ago
7 0
a) the open door policy

Hope this helped!
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The elimination of the national debt was both a personal issue for Jackson and the culmination of a political project as old as the nation itself. Since the time of the Revolution, American politicians had argued over the wisdom of the nation carrying debt. After independence, the federal government agreed to take on individual states’ war debts as part of the unification of the former colonies. Federalists, those who favored a stronger central government, established a national bank and argued that debt could be a useful way of fueling the new country’s economy. Their opponents, most notably Thomas Jefferson, felt that these policies favored Northeastern elites at the expense of rural Americans and saw the debt as a source of national shame.

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