Historical Figures

What were 3 parts of Alexander hamiltons plan to repay the war debt?

* Assumption of state debts: The federal government would assume the debts of the states that had been incurred during the war. This would help to restore the states' credit and make it easier for them to borrow money in the future.

* Creation of a national bank: The federal government would create a national bank that would help to regulate the nation's financial system and provide loans to businesses. This would help to stimulate economic growth and create jobs.

* Tariffs on imported goods: The federal government would impose tariffs on imported goods to raise revenue and protect American businesses from foreign competition. This would help to increase the nation's income and create jobs.