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Why Did Alexander Hamilton Attempt To Improve The Nation's Financial Status?

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a) Read Chapter 10 – stop at “Bonny Jonny” Adams Becomes President.
b) Why was the Bill of Rights added to the Constitution?
Because the Constitution did not guarantee the protection of the rights of individuals, James Madison proposed a number of amendments to be included in this legal document, ten of which were ratified by a majority of the states fairly quickly. These ten amendments, commonly known as the Bill of Rights, ensured civil liberties such as freedom of religion, the right to bear arms, freedom of speech, the right to be tried by a jury, freedom of the press, the right to property, freedom of assembly, and humane treatment when being punished.
c) How did Alexander Hamilton attempt to improve the nation’s financial status? …show more content…
One policy he came up with to try to bring this about was trickle-down economics where supporters of this theory believe providing economic benefits to the wealthy will in the long run have a positive impact on society altogether. Another policy would be to impose taxation upon imports as well as manufactured goods to raise revenue to pay off the country’s eighty million dollar debt. Lastly, an additional policy would be to create a national bank along with a national currency.
d) Why was there major disagreement between Alexander Hamilton and Thomas Jefferson over the establishment of the National Bank?
Since Alexander Hamilton favored a loose interpretation of the Constitution, which meant he believed whatever the supreme law of the land did not prohibit it allowed, he supported the establishment of the National Bank as a way to improve the country’s economy. On the other hand, Thomas Jefferson, a proponent of a strict interpretation of the Constitution, did not like the idea of forming a National Bank since he felt whatever this legal document did not allow it prohibited.
e) How was the Whiskey Rebellion an important test for the new federal

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