MAKING OF A NEW NATION 1776 1800
ALEXANDER HAMILTON
Question
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Detailed explanation-1: -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-2: -He envisioned a central government led by an energetic president, a strong national defense, and an industrial economy.
Detailed explanation-3: -Hamilton’s vision for reshaping the American economy included a federal charter for a national financial institution. He proposed a Bank of the United States. Modeled along the lines of the Bank of England, a central bank would help make the new nation’s economy dynamic through a more stable paper currency.