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.

Question

10-06-2015
History

Answered

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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 :

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HistoryGuy HistoryGuy · Answer 1 · 2015-06-12T15:23:46-04:00

HistoryGuy HistoryGuy

12-06-2015

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"

Answer Link

saadhussain514 saadhussain514 · Answer 2 · 2018-07-08T02:32:56-04:00

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

Sagot :

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