Analyze the perspective of Alexander Hamilton and the Federalists. What would be a policy aligned with their perspective?(1 point)
Responses
an economy based on farming
an economy based on farming
a weak national bank
a weak national bank
a strong voice of the people in government
a strong voice of the people in government
a strong national bank
a strong national bank
The perspective of Alexander Hamilton and the Federalists can be analyzed as follows:
- They supported a strong national government and believed in a strong centralized authority to maintain order and stability.
- They advocated for a strong national bank to manage government finances, promote economic growth, and provide a stable currency.
- They supported a diverse and industrialized economy, as opposed to an economy solely based on farming.
- They believed in a strong military to protect national interests and ensure national security.
- They believed that the government should be run by educated and elite members of society, as they were best suited to make informed decisions.
A policy aligned with their perspective would be the establishment of a strong national bank. This would involve creating a centralized institution to manage the government's finances, issue currency, and promote economic development. This policy would be seen as promoting economic growth, stability, and national unity, which were key goals of Alexander Hamilton and the Federalists.