Question

In addition to improving the credit of the United States, Alexander Hamilton’s financial program, approved by Congress in 1791,
A. Increased the power of the states
B. strengthened the political power of the common people
C. increased the power of the presidency
D. created support for the success and growth of the United States
E. decreased the political differences between the Federalist Party and the Democratic-Republican Party.

Answer 1

Hint: Alexander Hamilton was an American politician, legal scholar, an economist and also he was one of the Founding Fathers of the United States. His vision included a strong central government which was led by an executive branch, and a strong commercial economy, support for manufacturing, and a strong military.

Complete answer: Let us know about the elements of Alexander Hamilton’s Financial program which was approved by congress:
Creation of the national bank, protection and encourage the American industry, and also central governments assumption of states war debt, retire the old depreciated obligations by borrowing new money at a lower interest rate.
In this way we come to know that Hamilton’s mission was to improve the credit of the US and also he wanted to create a kind of support for the success and growth of the US and his plan did nothing to increase the power of the states or strengthened the political power of the people neither he wanted to increase the power of the presidency and nor he wanted to decrease the political differences between the Federalist Party and the Democratic-Republican Party, in fact, his plan increased the differences between the two.

Thus option C is the correct answer.

Note: The vision of Lewis Hamilton was for the United States as he wanted a strong central state for which he laid the foundation of American’s economic triumphs, named his funding and assumption plan, the creation of a National Bank which provided a strong groundwork for the Federal Reserve.