Which economic sector did Hamilton think would be increasingly important to the future of the American economy?

Question

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Hamilton believed that industrial manufacturing would be increasingly important to the future of the American economy. He emphasized the need for the United States to develop a strong manufacturing sector in order to compete with European powers and become economically independent. This vision led to his support for protective tariffs, government subsidies to industry, and other policies to promote the growth of American manufacturing.

Which Economic Sector Did Hamilton Think Would Be Increasingly Important