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: As Treasury Secretary, Alexander Hamilton's core overarching challenge was addressing the full national debt, which encompassed both foreign and domestic obligations, making this the broadest and most accurate choice.
2. For the second question: Post-Revolutionary War, the U.S. owed approximately $10.5 million to foreign countries and $40.4 million to domestic citizens. The checked options in the image are incorrect; the correct values are these two amounts.
3. For the third question: The plan to assume foreign, domestic, and state war debts by restructuring bonds is the signature economic plan of Alexander Hamilton.

Answer:

1. paying off the national debt
2. $10.5 million, $40.4 million
3. Alexander Hamilton