Alexander Hamilton advocated assumption of state debts, creation of the Bank of the United States, enactment of protective tariffs, and enactment of an excise tax on whiskey. Discuss the political, social, and economic concepts on which Hamilton's proposals were based, and explain what each proposal was designed to achieve. Were the proposals enacted into law? Why?

Question

Quizplus · Accepted Answer

The Answer of Alexander Hamilton advocated assumption of state debts, creation of the Bank of the United States, enactment of protective tariffs, and enactment of an excise tax on whiskey. Discuss the political, social, and economic concepts on which Hamilton's proposals were based, and explain what each proposal was designed to achieve. Were the proposals enacted into law? Why?

Alexander Hamilton Advocated Assumption of State Debts, Creation of the Bank