Question

How did the Democratic Republicans respond to Hamilton's financial plan?

Answer 1

B. supported the plan

Answer 2

Answer:

the right answer is “they opposed the plan” option A

Explanation:

Hamilton’s financial plan has three goals to achieve: make the central government to assume the state’s war debts in order to unite the country and make the government a confident one, the foundation of a Central Bank to make the economy stable with a new shared currency and a protectionist policy to excite American industry. The Democratic Republicans felt they would corrupt the nation and give power only to a wealthy few, they also thought states should contract banks that could matter money, and the constitution was not strong enough to establish a bank.