What was Alexander Hamilton's main reason for insisting that all the nation's debts must be paid in full?
a: so the country could borrow in the future
b: so the country would be seen as a world leader
c: because many citizens needed the money
d: because the nation had a moral obligation to do so
d: because the nation had a moral obligation to do so
d: because the nation had a moral obligation to do so
To determine Alexander Hamilton's main reason for insisting that all the nation's debts must be paid in full, we should examine his beliefs and historical context. Alexander Hamilton served as the first United States Secretary of the Treasury and was a proponent of a strong central government.
First, it is important to note that Hamilton believed a strong and stable government was necessary for the young nation's future prosperity and development. One of the crucial ways he sought to achieve this was by dealing with the nation's debts, which were mainly incurred during the American Revolutionary War.
Hamilton strongly believed that honoring the nation's debts would establish the government's credibility and foster trust with both domestic and foreign investors. By paying off the nation's debts, Hamilton aimed to demonstrate that the United States could be trusted to fulfill its financial obligations. This, in turn, would help the country in future borrowing endeavors, as creditors would view the United States as a reliable borrower.
Based on this information, the answer to the question is:
a: So the country could borrow in the future.