1) Pay off the national debt at face value and have the federal government assume the war debts of the states. 2) Protect the young nations “infant” (new and developing) industries and collect adequate revenues at the same time by imposing high tariffs on imported goods. 3) Create a national bank for depositing government fund and printing banknotes that would provide the basis for a stable U.S. currency.
Answer: Powder Keg of Europe.
Explanation: This is due to numerous nationalistic movements against colonial powers, Austria-Hungary and the Ottoman Empire.