Congress ________ the plan to pay off the nations debt.
What is approved?
100
Washington named the new capital...
What is Washington D.C.
100
Hamilton asked to create the ____ __ ___ ______ ______.
What is Bank of the United States?
100
A tariff is...
What is a tax?
200
Hamilton said this would be the way to resolve the debt.
What is by allowing the Federal Government to collect taxes.
200
Hamilton's plan caused _______.
What is protest?
200
Congress ordered a district not in a state because... (This is a bonus, not covered in the slide show but is prior knowledge.)
What is to avoid one state holding too much power?
200
The Bank would...
What is hold the money collected and use it to pay off the debts?
200
The tariffs were put in place for this reason.
What is to protect American industry? Or; What is to raise funds?
300
Hamilton wanted the debt to be paid as a whole country for this reason.
What is because it would make it easier down the road to borrow money as a nation?
300
The strongest plan opposition was in the...
What is Southern states?
300
Hamilton worked out a compromise with the leaders of the ________ leaders.
What is Southern.
300
It established this trade item.
What is a single form of currency?
300
Hamilton believed...
What is that the U.S. needed more manufacturing inside the country?
400
The house of reps asked Hamilton to make a plan to provide support...
What is the "public credit"?
400
Bond holders sold their bonds for below market value, so when the bonds were paid for the ___________.
What is known as a speculator?
400
The capital was located in the Southern half of the states because...
What is it was the only way to win southern support of the pay as a nation plan?
400
Madison and Jefferson opposed the idea of a national bank but __________ approved it, so it went into action.
Who is Washington?
400
One of the taxed items was...
What is whiskey?
500
The need for the monetary support of the public arose when...
What is after the war? Or; What is to pay off the wartime debts?
500
A bond is...
What is a document saying that the the money borrowed by the government will be reimbursed in full?
500
The capital is located on the _______ River.
What is Potomac?
500
Madison and Jefferson believed that the __________ didn't give Hamilton the power to make a National Bank.
What is Constitution.
500
These two men were the opposing leaders, from politics, and politically fought against the tariffs because they believed that it was creating a strong central government run by the rich.