A New Nation

To improve the financial situation of the United States, Alexander Hamilton wanted to

• establish banks in each state
• Establish a National Bank
• borrow more money to pay the country’s bills
• Encourage More Farming

For which of the following did Alexander Hamilton want to increase support while trying to fix the nation’s finances?

• Northern Capitol
• Manufactoring
• Farming
• State Currency

What made trade difficult for the United States in 1790, when Hamilton was secretary of the treasury

• State governments were not allowed to print money
• Each state could print their own money
• Congress printed different types of money

The national bank Hamilton established in 1790

• issued different currencies for each state
• Issued a National Currency
• held businesses’ money to keep it safe

During Alexander Hamilton’s time as secretary of the treasury in 1790, the federal government

• had only the money it had printed
• Was paying back its loan
• had trouble borrowing money to pay its bills.

How did Great Britain and France place the newly formed United States in the middle of their problems in the late 1700s?

• They pressured the United States to settle their conflicts
• The pressured the US to take sides.
• They wanted the United States to lend them its cabinet for advice.

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Why was federalists an appropriate name for Alexander Hamilton’s political party?

• because members believed in keeping the federal government weak
• because members believed in a strong federal government
• because members believed in the express powers of the Constitution

What did the disagreements between Alexander Hamilton and Thomas Jefferson create?

• Political Parties
• New Cabinet Members
• reformed Congress
• Rewritten Constitution

Why did Thomas Jefferson oppose Hamilton’s national bank?

• He thought it would be too weak
• He thought it was unconstitutional
• He wanted a more powerful government
• He believed in the implied powers of the Constitution

A result of the Jay Treaty was that it

• created stronger economic ties with France
• caused division in the United States over foreign policy
• showed the United States could stay neutral in foreign affairs