Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Discover a wealth of knowledge from professionals across various disciplines on our user-friendly Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Which of the following were criticisms of Hamilton's proposal that the federal government assume responsibility for debts incurred by the states during the Revolutionary War?

- Debt assumption would increase make the power of the central at the expense of the individual states.

- The nation's credit rating would suffer.

- Nationalizing state debts meant that small-debt states bore a greater burden than large-debt states.

- The plan would discourage foreign investment in the United States.


Sagot :

- Debt assumption would increase make the power of the central at the expense of the individual states.

- Nationalizing state debts meant that small-debt states bore a greater burden than large-debt states.