Washington's Presidency

Who was the first Secretary of the Treasury under President Washington and a proponent of the National Bank?

• Thomas Jefferson

• James Madison

• John Adams

• Alexander Hamilton

President Washington's administration faced significant financial challenges, primarily due to:

• The national debt from the Revolutionary War

• Declining agricultural exports

• High unemployment rates

• Lack of foreign investment

The First National Bank, established during Washington's presidency, was modeled after the banking system of which country?

• France

• England

• Spain

• Germany

The location for the nation's capital, Washington, D.C., was chosen as part of a compromise between Northern and Southern states in which agreement?

• The Treaty of Paris

• The Missouri Compromise

• The Compromise of 1790

• The Albany Plan

Alexander Hamilton and Thomas Jefferson had fundamental disagreements regarding:

• The location of the national capital

• The Whiskey Rebellion

• The role and powers of the federal government

• The Jay Treaty

What was the primary cause of the Whiskey Rebellion in 1794?

• A tax on imported goods

• A tax on whiskey production

• A tax on agricultural exports

• A tax on property ownership

President Washington's Farewell Address, delivered in 1796, warned against:

• Forming political parties

• Foreign alliances and entanglements

• Expanding the federal government's power

• Isolationism

Which of the following political parties was founded by supporters of Alexander Hamilton?

• Democratic-Republicans

• Federalists

• Whigs

• Anti-Federalists

Which political party, led by Thomas Jefferson, was a major opponent of the Federalist Party in the late 18th century?

• Democratic-Republicans

• Federalists

• Whigs

• Anti-Federalists

The Federalist Party was generally in favor of a strong central government and a loose interpretation of the Constitution, while the Democratic-Republicans favored:

• A strong national bank

• A strict interpretation of the Constitution and states' rights

• High tariffs

• Military expansion