Alexander hamilton’s economic plan part 1: Alexander Hamilton Background



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ALEXANDER HAMILTON’S ECONOMIC PLAN
Part 1: Alexander Hamilton Background



Part 2: Hamilton’s Economic Plan

Hamilton developed a 4-point plan to solve the new nation’s financial problems. Hamilton knew that the new government–like any person–had to pay its debts in order to establish credit. When a country spends more money than it takes in, it is operating under a deficit. This is the problem that Hamilton set out to fix.




  1. Pay back the debt (Assumption)



  1. Create a National Bank



  1. Establish a Protective Tariff



  1. Create a Whiskey Tax


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