Those who opposed -Hamilton's financial policies were northern merchants who believed in government by the wealthy and powerful. True False

Question

Those who opposed -Hamilton's financial policies were northern merchants who believed in government by the wealthy and powerful. True False

Answer 1

FalseThose who opposed Alexander Hamilton's financial policies were primarily from the agrarian South and included figures like Thomas Jefferson and James Madison. They believed in a more decentralized government and were concerned that Hamilton's policies favored wealthy industrialists and financiers, particularly in the North. Northern merchants generally supported Hamilton's policies because they benefited from a strong central government and a stable financial system.

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Those who opposed -Hamilton's financial policies were northern merchants who believed in government by the wealthy and powerful. True False

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