QUESTION IMAGE
Question
hamilton wanted to acquire all state debts (assumption) from the revolutionary war and to put into a federal deficit because he
○ thought he could make easy money
○ thought jefferson would control the new capital
○ could keep great britain from stealing american ships
○ to tie the states to one nation that a federal deficit to repay
Alexander Hamilton's debt assumption plan was rooted in strengthening federal power. By having the federal government take on state Revolutionary War debts, he aimed to bind the states to the federal government economically, unifying them under a single national system and building federal credibility. The other options are incorrect: he did not seek easy personal profit, the capital location was a separate compromise with Jefferson, and this policy was unrelated to stopping British ship seizures.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
to tie the states to one nation that a federal deficit to repay