Shaping a New Republic

AP US History· difficulty 4/5

Alexander Hamilton's financial program included

  • A

    Eliminating all federal and state debt by repudiating Revolutionary obligations

  • B

    Adopting free trade only, with no tariffs on any imported foreign goods

  • C

    Returning the U.S. economy to barter and abolishing federal paper currency

  • D

    Federal assumption of state debts, a national bank, and tariffs to fund the government

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Explanation

Created political controversy and helped form the first political parties.

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