Question

How did Alexander Hamilton’s financial plan affect the economy of the United States during the 1790s? *

1) National tax revenues decreased.
(2) High tariffs increased foreign trade.
(3) Treasury policies contributed to widespread inflation.
(4) The newly created Bank of the United States helped stabilize the economy

Answer 1

One way in which Alexander Hamilton’s financial plan affected the economy of the United States during the 1790s is that "(4) The newly created Bank of the United States helped stabilize the economy," since before this it was almost impossible to pay back war debts.