Question

Which of the following statements most accurately describes Hamilton’s financial policies?

A. Hamilton thought state governments should be more powerful than the federal government. B. Hamilton wanted the states to run the national bank. C. Hamilton thought states ought to pay Their own debts from the American Revolution. D. Hamilton believed the federal Government should have a strong role in determining economic policies.

Answer 1

Answer:As Treasury Secretary, Alexander Hamilton designed a financial system that made the United States the best credit risk in the western world. Hamilton proposed that the government assume the entire debt of the federal government and the states. His plan was to borrow new money at a lower interest rate.