USA HISTORY

MAKING OF A NEW NATION 1776 1800

ALEXANDER HAMILTON

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Hamilton’s experience at Valley Forge convinced him of the need for:
A
Lower taxes
B
Higher interest rates
C
A stable currency
D
A national bank
Explanation: 

Detailed explanation-1: -Hamilton spent the winter of 1777-1778 with Washington and the Continental Army at Valley Forge.

Detailed explanation-2: -Hamilton believed that industrialization would encourage skilled workers to immigrate to America. Alexander Hamilton admired the global economic power of the British, and wanted to strengthen America’s fledgling economy so it could compete effectively with more industrialized nations.

Detailed explanation-3: -Unlike Thomas Jefferson, who idealized agrarian society, Hamilton argued that manufacturing and commerce were also integral to modern economies. Hamilton believed that a diverse economy would make the nation wealthy and fulfill the potential of its citizens.

Detailed explanation-4: -Alexander Hamilton was a founding father of the United States, who fought in the American Revolutionary War, helped draft the Constitution, and served as the first secretary of the treasury. He was the founder and chief architect of the American financial system.

There is 1 question to complete.