U.S. History: Hamilton vs. Jefferson Quiz
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Questions and Answers

What was Alexander Hamilton's primary objective regarding national and state debt?

  • To settle national and state debt gradually (correct)
  • To eliminate all national debt immediately
  • To allow states to manage their own debts
  • To borrow more money from foreign countries
  • Which of the following best describes Thomas Jefferson's view on repaying bonds?

  • He believed bondholders should only receive half their money back.
  • He opposed repaying the full value because it would disadvantage certain bondholders. (correct)
  • He supported repaying the full value, regardless of bondholder actions.
  • He advocated for immediate repayment of all bonds to maintain trust.
  • What was one of Hamilton's major actions to strengthen the U.S. economy?

  • He eliminated all foreign debts.
  • He created a national bank. (correct)
  • He proposed higher taxes for citizens.
  • He established a system of state banks.
  • How do 'loose construction' and 'strict construction' of the Constitution differ fundamentally?

    <p>Loose construction allows for implied powers, while strict construction limits actions to those explicitly stated.</p> Signup and view all the answers

    What was one of Hamilton's key arguments for establishing a national bank?

    <p>It provided a secure place to store government funds.</p> Signup and view all the answers

    What was a consequence of bondholders selling their bonds to speculators?

    <p>The government's ability to repay bonds was undermined.</p> Signup and view all the answers

    How did Hamilton's financial plan address state debts?

    <p>It proposed that the federal government repay all state debts.</p> Signup and view all the answers

    What was Jefferson's main concern regarding Hamilton's financial policies?

    <p>They concentrated too much power in the federal government.</p> Signup and view all the answers

    Which of the following best describes Hamilton's and Jefferson's views on the Constitution?

    <p>Hamilton supported loose construction, while Jefferson favored strict construction.</p> Signup and view all the answers

    How did Hamilton’s relocation of the US capital influence his financial plan?

    <p>It helped secure southern states' support for his financial strategy.</p> Signup and view all the answers

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