Alexander Hamilton and the Federalists espoused a perspective that emphasized a strong central government, economic modernization, and a strong national bank. They believed in a powerful and active government that could effectively unite the states and promote economic growth.
A policy aligned with their perspective would be the establishment of a strong national bank, which Hamilton successfully implemented as the first Secretary of the Treasury. The bank would serve as a central repository for the federal government's funds, a source of stable credit for businesses, and a regulator of the nation's financial system. This policy would promote economic development, encourage trade, and provide stability to the young nation's financial sector.
Analyze the perspective of Alexander Hamilton and the Federalists. What would be a policy aligned with their perspective?
A strong voice of the people in government
An economy based on farming
A strong national bank
A weak national bank
1 answer
1 answer