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What steps did Alexander Hamilton take to stabilize the national economy in the 1790s? How was the whiskey tax part of his economic plan? Why
- What steps did Alexander Hamilton take to stabilize the national economy in the 1790s?
- How was the whiskey tax part of his economic plan?
- Why was it ultimately met with such resistance?
The market and transportation revolution impacted the northern economy in the years leading up to the Civil War. Explain how each of the following impact the northern economy:
- Canals and steamboats
- Manufacturing
- European immigration
Regarding the southern economy in the decades before the Civil War.
- What crops dominated the southern economy?
- Why did most of the profit from it go into securing more land and more slaves instead of transportation or manufacturing?
- How were Northerners profiting from this crop as well?
- How did the southern economy resemble the modern oil based economy of Saudi Arabia?
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