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How did the Democratic Republicans respond to Hamilton's financial plan?

A) Opposed the plan

B) Supported the plan

C) Ignored the plan

D) Adopted the plan

User Billb
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2 Answers

5 votes
b. supported the plan
User Peevesy
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Answer:

the right answer is “they opposed the plan” option A

Step-by-step explanation:

Hamilton’s financial plan has three goals to achieve: make the central government to assume the state’s war debts in order to unite the country and make the government a confident one, the foundation of a Central Bank to make the economy stable with a new shared currency and a protectionist policy to excite American industry. The Democratic Republicans felt they would corrupt the nation and give power only to a wealthy few, they also thought states should contract banks that could matter money, and the constitution was not strong enough to establish a bank.

User John Pancoast
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