Alexander Hamilton’s main reason for insisting that all of the nation's debts must be paid in full was primarily so the country could borrow in the future. He believed that honoring the national debt would establish the United States as a trustworthy borrower and thus enable the government to secure loans when needed. This would solidify the financial stability and credibility of the nation, which was vital for its economic growth and development. While there were other considerations, such as moral obligations, the focus on future borrowing was central to his financial plan.
What was Alexander Hamilton’s
main reason for insisting that all
the nation’s debts must be paid
in full?
so the country could
borrow in the future
so the country would be
seen as a world leader
because many citizens
needed the money
because the nation had a
moral obligation to do so
1 answer