How did the economy develop under the guidance of Alexander Hamilton?
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@Orwell84 what?
is it multiple choice?
@Orwell84 nope its short response :(
ic
Well predominately throughout the history of the United States government had no entanglement with the economy. Government influence on economics didn't occur until the Federal Reserve Act of 1913. This is in exception of Rockefeller Oil and the Carnegie family who regularly bought off government service members and sadly still do today.
Hamilton was the first Secretary of Treasury. He deveopled a plan to pay off Revolutionary War debts, setup a National Bank to help with the flow of currency, estabilished good trade relations with England and a system of tarriffs to fund the government.
The bank was shut down and fought by every president until Lincoln.
It wasn't until the civil war ended when our government allowed foreign interests to play around with our economics.
@wwhitlock @Orwell84 thank you, i really appreciate it!
Wheres my medal
:/
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