Question

as secretary of the treasury, hamilton’s biggest challenge was: *

• paying off the national debt
• paying off the international debt
• collecting debts from foreign countries
• collecting debts from private citizens

the united states owed about ____to foreign countries and about ____to u.s. citizens.
select all that apply!

• $10.5 million
• $11.7 million
• $40.4 million
• $50.1 million

whose economic plan is being described? *

1. deal with the debt

• take on the foreign and domestic debt by replacing creditors’ old, low - value bonds with new interest - bearing bonds
• take over most of the states’ $25 million war debts

Explanation:

1. For the first question, Alexander Hamilton's core challenge as Treasury Secretary was addressing the total national debt, which included both domestic and international obligations, making this the overarching priority.
2. For the second question, post-Revolutionary War, the U.S. owed ~$10.5 million to foreign nations and ~$40.4 million to domestic citizens; the checked options in the image are incorrect, so the correct pair is identified here.
3. For the third question, the plan to assume state debts and refinance national debt is the signature economic framework of Alexander Hamilton.

Answer:

1. paying off the national debt
2. $10.5 million (to foreign countries), $40.4 million (to U.S. citizens)
3. Alexander Hamilton's economic plan