Question and answer
What were the four major points of Hamilton's plan for a sound financial program for the United States? that states assume the debts of federal government establish a national bank
system government to be paid without using income taxes place excise taxes on certain goods for government operating money government assume states' war debts trade with warring nations establish a method of issuing of government bonds
The four major points of Hamilton's plan for a sound financial program for the United States: Answer: 1. The Interest-Bearing Federal Bond Program: Money invested into the federal government. This increases debt, but also redefines the debt. [ There are two types of debt: foreign (money owed by the federal government to foreign nations) and public (money owed by the federal government to its
people). We used to have foreign debt, but now we had public debt (which is the better debt to have). 2. Federal Assumption of State War Debt: The states had war debt, so the government says they will assume the debt and try to pay it off. This is to show the people that the government helps us, in response to Shay's Rebellion. 3. The First National Bank: A bank created and used by Congress to standardize financial policy for the states. This caused a dispute, and so to end the dispute, Hamilton agreed to move the national capitol from Pennsylvania down to Virginia in its own district called the District of Columbia. 4. The Hamilton Tax Plan: Tax Plan made up of two taxes: the Protective Tariff of 1789 and the excise tax on whiskey. The Protective Tariff of 1789 was a tax on imports to get Americans to buy more goods in the United States. This was because Alexander Hamilton was trying to start the manufacturing of goods in the United States. The excise tax on whiskey was a luxury tax because the people of the time drank whiskey like bottled water. This caused the Whiskey Rebellion. Altogether, Hamilton's tax plan helped to stabilize the Treasury of the United States and was very successful in being the first financial policy of the United States. Check the link for additional details: ]
Expert answered|bel007|Points 0|
Question
Asked 338 days ago|10/15/2013 6:46:12 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
England was late to establish colonies in other parts of the world because the English had political struggles leading to self-government and they had a fear of the Spanish. True False
Weegy: England was late to establish colonies in other parts of the world because the English had political struggles leading to self-government and they had a fear of the Spanish. This is false. (More)
Question
Expert Answered
Asked 342 days ago|10/11/2013 4:23:29 PM
0 Answers/Comments
17,443,395 questions answered
Popular Conversations
Solve the following equation, answer as a reduced, mixed number. Then ...
Weegy: 8x^2 - 2x = 1; 8x^2 - 2x - 1= 0; (4x + 1)(2x - 1) = 0 (4x + 1) = 0; 4x = -1, x = -1/4 or (2x - 1) = 0; 2x = 1; ...
9/18/2014 4:34:59 PM| 5 Answers
One number is 3 less than twice another. If their sum is 39, find the ...
Weegy: x + 2x - 3 = 39 User: The line that passes through (-1, -3) and (2, 1) User: Input in standard form the ...
9/18/2014 8:03:12 AM| 4 Answers
Simplify the expression where possible. (4c^2)^3 User: Simplify the ...
Weegy: -4x^4 User: Simplify the expression where possible. (x^2)^4 Weegy: that's not possible! what do you need to ...
9/18/2014 9:32:07 AM| 4 Answers
Simplify the expression where possible. (6^3)^-3 User: Simplify the ...
Weegy: (2^3) - 2 = 8 - 2 = 6 ; So the answer is 6. User: Evaluate the following expression. (5x)^0 User: ...
9/18/2014 9:35:27 AM| 4 Answers
Find the slope of the line whose equation is 7y = 3x + 1.
Weegy: C. The graph will shift 3 units to the right. User: Find the x-intercept of the line whose equation is 10x + ...
9/18/2014 8:01:25 AM| 3 Answers
Which word in the sentence is an indirect object? Send them ...
Weegy: D. apartment is an indirect object. User: Which word in the sentence is an indirect object? Choose all ...
9/18/2014 1:00:56 PM| 3 Answers
Solve the following equation, answer as a reduced, mixed number. Then ...
Weegy: 4/5x - 3 3/4 = 2 1/2 4/5x = 2 1/2 + 3 3/4 4/5x = 5/2 + 15/4 4/5x = 10/4 + 15/4 4/5x = 25/4 x = (25/4) / ...
9/18/2014 5:27:21 PM| 3 Answers
Select the difference of (8x2 - 3x3) - (5x2 - 9x3)
Weegy: (8x^2 - 3x^3) - (5x^2 - 9x^3) =8x^2 - 3x^3 - 5x^2 + 9x^3 =x^2(8-5) + x^3(9-3) =3x^2 + 6x^3 =3x^2(1+2x)
9/18/2014 12:12:12 AM| 2 Answers
Which of the following programs can open a bitmap file? A. ...
Weegy: Windows Paint can open a bitmap file. User: Which of the following would you click to access Help and ...
9/18/2014 1:07:28 AM| 2 Answers
The defining part of the business cycle is
9/18/2014 5:36:19 AM| 2 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
P
C
P
C
L
Points 2107 [Total 26505]| Ratings 4| Comments 2067| Invitations 0|Offline
S
L
1
L
P
C
1
Points 1906 [Total 8437]| Ratings 8| Comments 1826| Invitations 0|Offline
S
L
1
1
1
1
L
1
L
Points 1535 [Total 11315]| Ratings 0| Comments 1535| Invitations 0|Offline
S
L
C
P
C
1
L
L
P
C
1
Points 1528 [Total 17467]| Ratings 12| Comments 1408| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
P
C
Points 1368 [Total 18540]| Ratings 3| Comments 1338| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 591 [Total 11837]| Ratings 0| Comments 591| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
P
C
Points 530 [Total 19061]| Ratings 1| Comments 520| Invitations 0|Offline
S
L
Points 491 [Total 1161]| Ratings 0| Comments 491| Invitations 0|Offline
S
1
L
L
Points 408 [Total 5532]| Ratings 4| Comments 368| Invitations 0|Online
S
Points 52 [Total 52]| Ratings 2| Comments 32| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.