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Why Did Hamilton's Financial Program Dramatically Restore the Financial Health

Question 81

Multiple Choice

Why did Hamilton's financial program dramatically restore the financial health of the United States?


A) American and European creditors alike regained confidence in the government's economic stability.
B) By renouncing all outstanding debts, the United States was able to save millions of dollars.
C) Great Britain was permitted to buy outstanding American debts at a discount, earning huge windfall profits.
D) Hamilton's support for an agrarian economy ensured Americans could prosper without manufacturing or trade.

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