Question

identify the reasons why alexander hamilton wanted the u.s. government to assume the debts of the states after the american revolution. a assuming states debt would prove the federal government was credible, thus creating more confidence and stability. b assuming states debt was a tradition started by the british government, and was expected to carry on in the new republic. c assuming states debt was a plan adopted by the first congress to strengthen the power of the federal government over the states. d assuming states debt was a plan adopted in the constitutional convention to strengthen the power of the federal government over the states.

Explanation:

Alexander Hamilton believed that having the U.S. government assume state debts would enhance the federal government's credibility. This would lead to increased confidence in the new nation's financial stability, attracting more investment and promoting economic growth. It was a key part of his plan to build a strong central government.

Answer:

A. Assuming state's debt would prove the federal government was credible, thus creating more confidence and stability.