Chapter 6 - Launching the Nation

The new federal government of the United States took actions that would serve as an example in the future. George Washington said that these actions would "set

• a policy".

• a precedent".

• a precursor".

Which of the following issues did not cause conflict between Alexander Hamilton and Thomas Jefferson?

• whether or not to move the capital

• how to pay the value of the bonds

• what to do with the national debt

The best definition of "national debt" is that it is the money that

• the federal government owes to national creditors.

• the nation owes to foreign countries and the nation's citizens.

• each state owes to the federal government.

Which of the following actions was not part of Alexander Hamilton's economic plan?

• pay the value of war bonds to improve confidence in the economy

• use the mint to circulate more cash

• consolidate the debt of the American Revolutionary War

Alexander Hamilton supported a flexible interpretation of the Constitution, but Thomas Jefferson supported

• the tight interpretation.

• the soft interpretation.

• the strict interpretation.

According to Thomas Jefferson and James Madison, what was the biggest flaw in Alexander Hamilton's plan to establish a national bank?

• A national bank would end the business of private lenders, so the federal government would unjustly have a monopoly on credit.

• A national bank would take power away from the states, causing friction with the federal government.

• The federal government did not have the authority to create a national bank, so the bank would be unconstitutional.

Why was it important for the United States to have a national bank?

• to issue its own money

• to pay the national debt

• to provide stability to the national economy

A "protective tariff" adds a tax to the price of imported goods to protect domestic products from

• foreign competition.

• foreign pollution.

• foreign boycott.

Alexander Hamilton changed the opinion of the Southerners about paying the war debt by convincing members of Congress from the northern states to move the capital to

• Philadelphia.

• New York City.

• Washington, D.C.

Alexander Hamilton believed that a strong economy depended on the contribution of businessmen and manufacturers, but Thomas Jefferson emphasized

• farmers.

• doctors.

• merchants.