Hamilton vs Jefferson: US Founding Fathers

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What type of economy did Jefferson and the Republicans favor?

Commercial economy

Industrial economy

Mixed economy

Agrarian economy (correct)

Who did Jefferson and the Republicans want the government to support?

Investors in the national bank

Big plantation owners

Commercial classes

Small farmers, also known as the yeoman farmer (correct)

What did Hamilton want Congress to establish to provide a safe place for the government to keep money?

A state bank

A federal reserve

A national treasury

A national bank (correct)

Why did Jefferson initially oppose the creation of the national bank?

Because it would benefit commercial classes, not farmers Signup and view all the answers

What did Jefferson accept in exchange for supporting Hamilton's plan for the national bank?

The move of the Capitol Signup and view all the answers

What was the context of Washington's warnings about devolving into separate political parties?

His farewell address Signup and view all the answers

What did Hamilton think about the French Revolution?

He despised its violence and social disruption Signup and view all the answers

What did Jefferson say was necessary to gain freedom?

Willingness to fight Signup and view all the answers

What was the main difference between Jefferson and Hamilton's views on government?

Hamilton wanted a strong central government, while Jefferson wanted a weak central government Signup and view all the answers

What was the outcome of the differing views of Jefferson and Hamilton?

The development of a two-party system Signup and view all the answers

What was the main objective of Jefferson and the Republicans' economic plan?

To favor the small farmers and common man Signup and view all the answers

What was Hamilton's argument for the creation of a national bank?

It was authorized by the Constitution because it was 'necessary and proper' Signup and view all the answers

What did Jefferson think about the French Revolution?

He admired the republican revolution and saw it as a necessary step towards freedom Signup and view all the answers

What was the main concern of Jefferson regarding the national bank?

It would benefit commercial classes, not the farmers Signup and view all the answers

What did Washington warn about in his farewell address?

The devolving into separate political parties Signup and view all the answers

What was the main difference between Jefferson's and Hamilton's views on the role of the government?

Hamilton wanted a strong central government, while Jefferson wanted states' rights Signup and view all the answers

What was the result of the differing views of Jefferson and Hamilton?

The development of a two-party system Signup and view all the answers

What was the primary goal of Jefferson's economic plan?

To favor the small farmers and common man Signup and view all the answers

What was Hamilton's view on the role of the national bank?

It was a safe place for the government to keep money, make loans, and issue bank notes Signup and view all the answers

What was the context of Washington's farewell address?

The growing divide between the nation's leaders and the development of separate political parties Signup and view all the answers