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The Role of Alexander Hamilton's Program in American Economic Development

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Words: 552 |

Page: 1|

3 min read

Published: Mar 18, 2021

Words: 552|Page: 1|3 min read

Published: Mar 18, 2021

The idea of freedom is emphasized and thoroughly still illustrated through a myriad of historical images. Before 1830, American freedom is described as a Roman goddess fighting for common interests not only White people in general but also Black people in particular. By that, I interested in the brilliant piece of art that no one knows the original artist around 1800, which named is 'Liberty and Washington' on page 223. This art of Liberty includes many famous symbols which show the opposite, including the female in the white dress, is surrounded by the American flag, Bald Eagle, white pine tree which is stand for the meaning of freedom; Liberty pole and cap, laurel wreath of the victory for the Liberty, and bust of Washington is the first president of United State. This piece of art shows clearly the feeling of escape and extinction from dependence by Liberty crushed Tyranny's crown. All these objects used in a Connecticut tavern as a shadow significantly and formed one of the earliest pieces in the collections about the new era of the United States' first president.

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Alexander Hamilton and Thomas Jefferson are the first official governments that the president chose to be the two most veteran leaders. Both of them are responsible for their positions. Hamilton managed the Treasury Department, which creates a program that focuses on maintaining the nation's financial, government budget, and power up military with commercial. While Thomas Jefferson was the secretary working for the president and helped create a law court. Their only goal is to join in building the state system and improving the economics of America.

However, Alexander Hamilton has illustrated himself to be considered as the most influential government in the state's finance. To be more specific, Alexander Hamilton has hit the country's economic development first. He is not only settling debts, including from the War of Independence and also outstanding debts of the state, but he is also seeking profits from goods and armed forces. His program has dramatically changed the economy from the bottom by using the bond to replace the old debt, creating Bank of the United States for securing public funds and making a loan for government to pay for the debt of the state. With these changes, the economics of America can get out of debt and be more independent. Moreover, alcohol products and imported goods are taxed to increase the government's budget and encourage the factories to produce the imported goods.

In addition to significant changes in the country, the president also extended the government system and educated politicians. To illustrate, in the middle of 1790, the Federalists and Republicans Associations are formed in the Congress as political parties to participate and vote for Conventions. To be the greatest America like today, America has studied from failing and using historical shreds of evidence of countries which have already developed and fully captured the economics such as British and France at that time. France Revolution was known as the rebirth of Liberty after killing King Louis with numerous aristocrats of the new government. Besides, the Revolution creates a conflict in America, but it has marked a glorious historic victory in overthrowing the autonomous government. 

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In conclusion, President Washington has successfully brought the United States out of control, and debt thank Hamilton's program and the exploitation knowledge of politicians.

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Dr. Charlotte Jacobson

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The Role Of Alexander Hamilton’s Program In American Economic Development. (2021, March 18). GradesFixer. Retrieved March 29, 2024, from https://gradesfixer.com/free-essay-examples/the-role-of-alexander-hamiltons-program-in-american-economic-development/
“The Role Of Alexander Hamilton’s Program In American Economic Development.” GradesFixer, 18 Mar. 2021, gradesfixer.com/free-essay-examples/the-role-of-alexander-hamiltons-program-in-american-economic-development/
The Role Of Alexander Hamilton’s Program In American Economic Development. [online]. Available at: <https://gradesfixer.com/free-essay-examples/the-role-of-alexander-hamiltons-program-in-american-economic-development/> [Accessed 29 Mar. 2024].
The Role Of Alexander Hamilton’s Program In American Economic Development [Internet]. GradesFixer. 2021 Mar 18 [cited 2024 Mar 29]. Available from: https://gradesfixer.com/free-essay-examples/the-role-of-alexander-hamiltons-program-in-american-economic-development/
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