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Strengths and Weaknesses of Alexander Hamilton's Economic Plan

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5 pages. One of the most effective yet least known of our economic planners in the early days of the United States was Alexander Hamilton. Little is known about his implementations of certain economies. However, Hamilton is responsible for creating our monetary standard as well as being the one who actually established the foundation work for our present banking system. This paper will go into some of his economic planning, discussing both the strengths and weaknesses of these plans. Bibliography lists 3 sources.

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5 pages (~225 words per page)

File: D0_JGAahamt.rtf

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who actually established the foundation work for our present banking system. This paper will go into some of his economic planning, discussing both the strengths and weaknesses of these plans. Bibliography lists 3 sources. JGAahamt.wps Strengths and Weaknesses of Alexander Hamiltons Economic Plan 07/2001 For More Information on How to Use This Paper Properly, INTRODUCTION One of the most effective yet least known of our economic planners in the early days of the United States was Alexander Hamilton. Little is known about his implementations of certain economies. However, Hamilton is responsible for creating our monetary standard as well as being the one who actually established the foundation work for our present banking system. This paper will go into some of his economic planning, discussing both the strengths and weaknesses of these plans. ECONOMIC PLANNER: ALEXANDER HAMILTON It is perhaps most fitting that it is Alexander Hamiltons likeness which has most been used in adornment of the United States currency. However, few people realize the extreme impact this man had on the entire economy of the early United States. His input involved that of the foundational resources of todays banking system, the creation of the monetary standard, and he was the one who almost single-handedly helped the United States established that it was credit-worthy (Bryan et al 1). As first secretary of the United States treasury, it was Hamilton who implemented some of the most long lasting economic standards the United States has seen. When the colonists went to war with England, "the difficulty of financing government expenditures greatly intensified" (Bryan et al 1). Naturally, the colonists were not receptive to any type of taxation ...

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