American Economic Policies - Hamilton and Washington

<p>Fear of economic destruction due to foreign conflicts (A)</p> Signup and view all the answers

<p>Nearly 150 years of neutrality in conflicts (C)</p> Signup and view all the answers

<p>It encouraged domestic manufacturing and job creation (B)</p> Signup and view all the answers

<p>Fear of losing neutrality and economic stability (B)</p> Signup and view all the answers

<p>They aimed to diversify the economy and promote entrepreneurship (D)</p> Signup and view all the answers

<p>It provided land for the westward expansion. (A)</p> Signup and view all the answers

<p>To map the Louisiana Purchase territory. (C)</p> Signup and view all the answers

<p>Returning to traditional ways could resist settlers. (C)</p> Signup and view all the answers

<p>The seizure of American ships by the British. (B)</p> Signup and view all the answers

<p>It required Native Americans to cede land for money. (D)</p> Signup and view all the answers

<p>They caused cotton to pile up unsold. (C)</p> Signup and view all the answers

<p>To raise tariffs and improve infrastructure. (A)</p> Signup and view all the answers

<p>A move from rural farming to industrial factory work. (B)</p> Signup and view all the answers

<p>The U.S. would protect newly independent Latin American nations. (B)</p> Signup and view all the answers

<p>Freed Latin American nations from European dominance. (D)</p> Signup and view all the answers

<p>They created economic disparities that favored the north. (C)</p> Signup and view all the answers

<p>The Native American confederation fell apart after his death. (B)</p> Signup and view all the answers

<p>Industrialization led to a more urban workforce. (B)</p> Signup and view all the answers

<p>European colonization of the Americas. (C)</p> Signup and view all the answers

<p>To protect American trading interests (B)</p> Signup and view all the answers

<p>It made it difficult for the president and vice president to work together (B)</p> Signup and view all the answers

<p>More power to state governments (A)</p> Signup and view all the answers

<p>He wanted to ensure rural interests were prioritized (C)</p> Signup and view all the answers

<p>Federalists favored a strong central government (B)</p> Signup and view all the answers

<p>Hamilton believed in more federal power than the states (A)</p> Signup and view all the answers

<p>Purchasing the Louisiana Territory (D)</p> Signup and view all the answers

<p>To increase support for the Federalist party (B)</p> Signup and view all the answers

<p>He prioritized economic relations over military conflict (B)</p> Signup and view all the answers

<p>He believed they should have limited authority (C)</p> Signup and view all the answers

<p>They both wanted to ensure the success of the nation (C)</p> Signup and view all the answers

<p>To minimize government interference in the economy (B)</p> Signup and view all the answers

<p>He thought it would benefit the elite only (D)</p> Signup and view all the answers

<p>They established judicial review over laws (C)</p> Signup and view all the answers

<p>It caused him to lose support among Federalists (A)</p> Signup and view all the answers

A tax on imported goods intended to protect American businesses by making foreign goods more expensive.

Northern business owners favored a protective tariff because it helped their industries grow and create jobs. Southern farmers opposed it because it made imported goods more expensive, hurting their market.

Hamilton believed a national bank could create a stable economy by providing paper money, lending to businesses, and managing government funds.

A policy of remaining neutral in foreign conflicts, avoiding alliances and staying out of wars.

Washington's decision to remain neutral in foreign wars and conflicts to protect American interests and avoid unnecessary involvement.

The French Revolution and war between France and Britain created a dangerous international situation for the young United States. Washington's Foreign Policy was designed to avoid being drawn into this conflict.

Washington’s foreign policy of neutrality lasted for nearly 150 years, influencing American diplomatic practices until World War II.

Hamilton's protective tariff aimed to protect domestic industries by making imported goods more expensive, while Washington's Neutrality Proclamation focused on avoiding entanglements in foreign conflicts.

A document that declared America's neutrality in the war between France and Great Britain, hoping to maintain its trade relations with both countries.

This election resulted in a win for John Adams as President and Thomas Jefferson as Vice President, intensifying political tensions due to their opposing views.

This political party advocated for limited government involvement in the economy, supporting a laissez-faire approach and favoring state power over federal power.

Jefferson's belief that the economy should operate with minimal government intervention.

Jefferson believed that a strong manufacturing economy could lead to corruption and concentrated power in the hands of wealthy individuals.

This party favored a stronger central government, a pro-British alliance, and a greater role for elites in politics.

Jefferson's and Hamilton's views differed significantly on the role of government and the direction of the nation. Jefferson favored agriculture, limited government, and states' rights, while Hamilton promoted industrialization, a strong central government, and a national bank.

Jefferson's preference for a limited government role in the economy, aimed at minimizing taxes and reducing government intervention in the marketplace.

Jefferson opposed the establishment of a national bank, believing it unnecessary and potentially harmful to individual freedom.

Hamilton believed that a national bank would benefit the economy by stabilizing currency and providing essential financial services, ultimately proving correct in his assessment.

Jefferson's stance on the federal government's role, arguing for a limited federal government with greater power residing in the states.

The Louisiana Purchase, despite seemingly contradicting Jefferson's beliefs in limited government, was justified by him as a treaty and seen as a way to secure national security.

Jefferson's dislike for the federal courts due to their control by Federalists, exemplified by Chief Justice John Marshall.

Acts enacted by the Federalist Party to suppress dissent and target immigrants, particularly those seen as anti-Federalist.

Adams' refusal to declare war on France drew criticism for his perceived weakness and lost him the support of Federalists who believed a war could have weakened the Democratic-Republicans and increased the power of the executive branch.

The Louisiana Purchase significantly expanded US territory westward, opening up vast opportunities for exploration, trade, and settlement.

The purchase of the Louisiana Territory provided access to the Mississippi River and the port of New Orleans, vital for shipping goods across the country and overseas.

The Louisiana Purchase's long-term impact included the development of key shipping routes, flourishing port cities, and the expansion of cotton farming due to easier transportation.

The expedition's primary goal was to explore and map the newly acquired Louisiana Territory, establishing trade routes, and forming alliances with Native American tribes.

The Lewis and Clark expedition uncovered new rivers and canals, facilitating trade and allowing settlers to move further inland, contributing to the growth of the US population.

Tecumseh was a charismatic leader who united Native American tribes and advocated for resisting westward expansion, preserving their way of life.

Tecumseh believed that European customs were corrupting Native American traditions and urged them to resist trade with settlers, advocating for a return to their ancestral ways.

The War of 1812 was sparked by tensions over British support for Native American resistance, impressment of American sailors, and British interference with American trade.

Conflicts between Native Americans and settlers during the early republic were fueled by land disputes, the War of 1812, and the collapse of Native American confederations.

The Treaty of Greenville aimed to prevent westward expansion by requiring Native Americans to cede land to settlers in exchange for peace and financial compensation, but it ultimately failed to stop the expansion.

Protective tariffs, particularly harming the South, increased the prices of imported goods, leading to inflation and economic hardship for consumers.

Henry Clay's American System advocated for high tariffs to protect American industries, internal improvements like roads and bridges to facilitate trade, and a strong national bank.

The early republic witnessed significant industrialization, urbanization, and literacy rates, resulting in a major shift in American lifestyle and society.

The Monroe Doctrine declared that the Americas were closed to future European colonization and interference, reflecting a growing sense of national identity and regional power.