Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.


How did Alexander Hamilton’s financial plan
affect the economy of the United States during
the 179os?
(1) National tax revenues decreased.
(2) High tariffs increased foreign trade.
(3) Treasury policies contributed to widespread
inflation.
(4) The newly created Bank of the United States
helped stabilize the economy.

Sagot :

The main way in which Alexander Hamilton’s financial plan affected the economy of the United States during the 1790s was that "(4) The newly created Bank of the United States helped stabilize the economy"
The main way in which Alexander Hamilton’s financial plan affected the economy of the United States during the 1790s was that 
(4) The newly created Bank of the United States helped stabilize the economy.

Explanation:

Hamilton’s plan gave us a supply of credit and means that of funding comes and establishments that needed revenue. The full-service bank was a very important national economy, and fully was} absolutely crucial in beginning the USA on the proper foot.

Equally vital is that the precedent it set for the North American country. Hamilton’s beliefs in a lively and powerful central government were materialized within the establishments required for his plan

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.