7 Questions
According to Alexander Hamilton, what was the most powerful incentive of human actions?
Self-interest
What were the two important roles that Hamilton believed the state should play?
Protect private property and use human passions to benefit the public good
What did Hamilton believe was the 'great & fundamental distinction in Society'?
Inequality
Why was Hamilton's assumption proposal controversial?
Because many taxpayers objected to paying the full face value on old notes
Why did Hamilton argue that government debts must be honored in full?
To prevent citizens from losing trust in the government
Why did Hamilton propose the creation of the Bank of the United States?
To act as a convenient depository for federal funds
Why did opponents of Hamilton's plan argue against the federal excise tax?
Because it was unconstitutional
Test your knowledge on Alexander Hamilton's views on self-interest and the role of government in promoting commerce and industry. Explore his beliefs on protecting private property and the use of human "passions" to drive economic growth.
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