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18 September, 11:58

How did economic policies of Alexander Hamilton impact the development of the newly formed United States

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  1. 18 September, 12:43
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    During 1790 and 1791, Hamilton boarded on an aspiring plan of economic nationalism. He envisioned the plan to solve the economic problems that had inundated the United States since the American Revolution and to deliver the means to protect the new republic. Beginning in January 1790 with the "Report on the Public Credit," he advanced his plan in a sequence of reports to Congress. Hamilton's economic policies established a typical type of a central government that worked creatively, positively, and effectively to unleash the nation's economic energies. For the following centuries, Hamilton's model would influence the development of the federal government as an integral part of American capitalism.
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