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Name three things that hamilton wanted to do to create a stable economic system and strengthen the economy?
Wiki User
∙ 12y ago
1) he wanted to pay off all of the state's debt to increase legitimacy of new central government
2) create a new central banking system
3) Make American manufacturers self adequate with protectionist policies made to hold up the developing manufacturing company.
Wiki User
∙ 12y ago
Wiki User
∙ 13y ago- have the new federal government assume the depts of the states
- found a US Mint
- Establish a national bank
Wiki User
∙ 12y ago1. Report on the public credit
2. Report on national bank
3. Report on manufacturing
Wiki User
∙ 7y agoby establishing a national bank and enacting tariffs
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What did Hamilton want to do to create a stable economic system and strengthen the economy?
Alexander Hamilton wanted to build a bank. He also proposed tariff and national taxes
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What did Hamilton want to do to create a stable economic system and strengthen the economy?
Alexander Hamilton wanted to build a bank. He also proposed tariff and national taxes
Was Hamilton's economic measures were prompted by his determination to strengthen the national government?
This is true. Alexander Hamilton was a nationalist by belief and wanted a strong central government. As such, his economic changes were meant to fund the national debt and create a central bank.
Does globalization reduce national sovereignty in economic policy-making?
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thomas jefferson
What were main components of Hamilton's economic plan?
The main components of Hamilton's economic plan were to raise tariffs, make states to agree to pay debts and create a national bank. There were different arguments regarding this plan but eventually Hamilton won.
What is the mission statement for the department of treasury?
Maintain a strong economy and create economic and job opportunities by promoting the conditions that enable economic growth and stability at home and abroad, strengthen national security by combating threats and protecting the integrity of the financial system, and manage the U.S. Government's finances and resources effectively.From Treasury.gov
What were three proposal's Hamilton made to build a strong economy?
Create a national bank, a tariff and the creation of national taxes
What were the main components of Hamiltons economic plan?
The main components of Hamilton's economic plan were to raise tariffs, make states to agree to pay debts and create a national bank. There were different arguments regarding this plan but eventually Hamilton won.
Which department is concerned with the efficient use of your national resources in order to create a more productive economy?
The department that is concerned with the efficient use of your national resources in order to create a more productive economy is the Bureau of Economic Analysis. This provides economic statistics including the GDP.
What type of economic system did Joseph Stalin create?
Stalin ruled over a state capitalist system, but he didn’t create it.
Why do small firms exist?
Small firms exist because they help strengthen the economy. Smaller firms create jobs and pay taxes that help support the community.
How would repealing Prohibition help the US economy?
It would lower the crime rate and create a better economic climate
