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respond to this discussion A few things may have turned out differently if Hamilton's vision of an industrial economy with a powerful federal government had

respond to this discussion "A few things may have turned out differently if Hamilton's vision of an industrial economy with a powerful federal government had lost to Jefferson's vision of a largely agrarian, locally managed economy. First off, we might not have placed as much focus on industry and technology, which could have resulted in slower economic growth in our nation. We might have witnessed more regular and serious financial issues if there hadn't been a central bank to control money and maintain economic stability. The government would have had more difficulty managing its finances and handling economic crises, which would have increased the uncertainty around decisions like investing and saving. Maintaining a farming-based economy may have allowed us to preserve some aspects of our traditional way of life, but it may also have made it more difficult for us to compete internationally and achieve the kind of prosperity we enjoy today

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