Question

which statement best explains why alexander hamilton recommended the economic changes shown in the flow - chart?
a. he believed the national bank would help alleviate debt from the revolutionary war.
b. he claimed a national bank would develop an economy based on agriculture in the united states.
c. he hoped that the national bank would allow for trade with european nations.
d. he thought the national bank would simplify the currency system in the united states.

Explanation:

Alexander Hamilton believed a national bank would help manage the nation's finances, including dealing with debts from the Revolutionary - War. A national bank could centralize financial operations and help in paying off war debts. Option B is incorrect as Hamilton's economic vision was more industrial - oriented rather than agriculture - based. Option C is not the main reason for his support of a national bank. Option D is not the primary motivation; simplifying the currency system was a secondary aspect compared to debt management.

Answer:

A. He believed the national bank would help alleviate debt from the Revolutionary War