How did Alexander Hamilton plan to pay off the national debt?
(1 point)
( by creating a population tax
O by printing new currency
• by taxing imports
O by increasing exports
(•) by taxing imports
Alexander Hamilton planned to pay off the national debt by taxing imports.
Alexander Hamilton planned to pay off the national debt by taxing imports.
To find this answer, you can research Alexander Hamilton's financial policies and his plan to address the national debt during the early years of the United States. This information can be found in historical documents, books, or reputable online sources. Look for resources that specifically discuss Hamilton's economic measures, such as the creation of the First Bank of the United States and his Report on Public Credit. In these sources, you will likely find information about Hamilton's belief in funding the national debt through tariffs on imported goods, as he sought to protect and promote domestic industries while generating revenue for the government.