QUIZIZZ Hamilton and National Finances 02/03-02/7

What was Alexander Hamilton's role in the early US Government?

• President
• Secretary of the Interior
• Secretary of the Treasury
• Secretary of State

What is a bond?

• The connection between two pieces of paper or wood using glue
• A certificate of debt to be repaid later at higher value
• A shackle or manacle, like handcuffs
• A very flashy but highly ineffective British spy

What does a speculator do?

• Look at things from far away with binoculars
• Mine for gold in the hopes of getting rich
• Help you see things clearer through use of corrective lenses
• Buy bonds at low values in hopes of making a profit

Did Hamilton and Jefferson agree on how to deal with old bonds (type YES or NO)

What did Jefferson think of Hamilton's bond plan?

• That is was great
• That is fairly treated the original bond holders
• That it cheated the original bondholders
• That it would doom the entire country forever and always

How much in total did the states owe after the Revolutionary War?

• $25 Million
• $21.5 Million
• $25 Billion
• $21.5 Billion

What was the amount of debt Hamilton proposed the federal government take on?

• $25 Million
• $21.5 Million
• $25 Billion
• $21.5 Billion

Which states saw Hamilton's plan as unfair?

• Northern States
• Eastern States
• Western States
• Southern States

Where was the Capital temporarily moved to in 1791?

• New York City
• Boston
• Philadelphia
• Washington D.C.

Where was the Capital eventually PERMANTELTY moved to?

• New York City
• Boston
• Philadelphia
• Washington D.C.