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Há 16 horas · How did Alexander Hamilton justify his argument for a national bank? Hamilton stated that since the government was responsible for taxes and tariffs, it needed a place to keep the money. Therefore, he reasoned that the Elastic Clause gave the government the power to create a national bank.
Há 16 horas · Chapter 6- MHARIZ HISTORY. Alexander Hamilton's financial plan included all of the following EXCEPT. a. Federal assumption of state debts. b. Creating new bonds to allow investment in the United States. c. Establishing a Bank of the United States. d. Dropping import duties to encourage free trade.
Há 16 horas · Study with Quizlet and memorize flashcards containing terms like 1. All of the following statements are true about the Federalists, EXCEPT that the Federalists A) opposed Jay's Treaty. B) wanted a strong central government. C) supported Alexander Hamilton's economic reforms. D) opposed the radicalism and violence of the French ...
