QUESTION IMAGE
Question
economics of government
after the revolutionary war,
america owed money to the
countries that had aided them, like
france and spain. as george
washingtons secretary of the
treasury, alexander hamilton
created a plan to pay off the debt:
- create a national bank
the bank would control the
american money system and loan
money to businesses and the
government.
- raise tariffs
this tax would make imported
goods more expensive, encouraging
americans to buy american goods.
who did george washington choose as his first secretary
of the treasury?
alexander hamilton
james madison
thomas jefferson
The text on the left side of the image mentions "As George Washington's Secretary of the Treasury, Alexander Hamilton created a plan to pay off the debt". This directly indicates that Alexander Hamilton was the first Secretary of the Treasury under George Washington.
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Alexander Hamilton