Hamilton and the National Finances

Who was in charge of paying off America's Debt

• Alexander Hamilton

• Thomas Jefferson

• James Madison

• George Washington

Where was the capital first located before it got moved?

• Boston

• New York

• Philadelphia

• Washington DC

The National Bank of the United States was founded in 1791?

• True

• False

Thomas Jefferson favored the rich and elite to make decisions while Alexander Hamilton favored the common man to make decisions

• True

• False

The USA was in debt as a result of the American Revolution?

• True

• False

Two reasons that Hamilton wanted a bank was so that the govt had a safe place to deposit money and so that it could give out loans to businesses

• True

• False

Hamilton wanted the state governments to pay back all of the debt the United States had?

• True

• False

Hamilton agreed to move the capital to the south in exchange for the south supporting his plan to repay the national debt?

• True

• False