59.5k views
15 votes
What was Hamilton's plan for the economy and why did congress oppose it?

1 Answer

6 votes

Answer:

Hamilton's plan for the new country's financial system had three major parts. Assuming the states' debts by issuing interest-bearing bonds was the first part of the plan.

Step-by-step explanation:

Hamilton also instituted tariffs for imported goods as a way of raising federal revenue and helping domestic businesses

User Philipp Gfeller
by
4.7k points