Question

Which statement best characterizes Alexander Hamilton's economic goals?

He wanted to pay off federal government debts in order to purchase Western territory.
He wanted to establish credit in order to strengthen the national government.
He wanted to create a state tax-based system in order to build the nation's capital.
He believed the government was not responsible for war debt and that states should carry the burden of paying that debt.

Answer 1

The best answer is 'He wanted to establish credit in order to strengthen the national government’, but he did this through assuming states’ debt into the federal debt and created the Bank of the United States, which was funded by the government.

Answer 2

I believe the answer is: He wanted to establish credit in order to strengthen the national government

At that time, Alexander Hamilton held the position as United States Treasury Secretary for the government.
He wanted to establish credit so the governemnt could help necessary fund that allow us to build various infrastructure such as government agencies, millitary base, roads, etc.