Answer:
The public credit plan
Explanation:
The Report on Public Credit was issued by Alexander Hamilton was a way to encourage the American Economy for the benefit of commercial and industrial interests. He argued for the full funding of the national debt and assumption of state debts that occurred during the War of Independence.
But the problem was that most of the national debt was domestic debt that was owed to American patriots who supported the War of Independence through loans. Many of combat veterans were paid with certificates of indebtedness that would be redeemable when the government fiscal order had been restored.
But many veterans needed the money and relinquished their certificates to speculators at reduced rates. Hamilton defended that the payment should be done to the current holder of the certificate.
Answer:
Europeans established new trading-post empires in africa and asia which proved profitable for the rulers and merchants involved in new global trade network,but also affected the power of states in interior West and Central Africa
People thought slavery would end because revolutionary idealism went against it and many leaders spoke about freeing their slaves. Others thought that economics would kill it because it was unprofitable. The invention of the cotton gin saved slavery.
Answer:
The answer is "The increasing expansion and centralization of state power".
Explanation:
Increased economic growth is an improvement throughout the economic cycle marked via an increase in output or jobs that cause consumers or companies to increase their revenue through their spending.
In such a global setting, centralization occurs whenever authority becomes shifted to a typically nation entity. In so far as an independent consumer's unit is typically thought of it as an individual citizen, authority is centralized in a larger unit, including the state or the local community.