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IB HOA Exam 3 Answered 100%

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hamilton's beliefs - ANSWER--payment of national and state debts (favoring creditors) -called nation to pay off debts (large amount incurred from revolution) -proposed national bank funded by fed. gov. and wealthy private investors, national bank constitutional (loose interpretation) -strong central gov. led by educated elite upper class -commerce and industry are key to a strong nation -republic led by educated elite -economy based on shipping and manufacturing -pro Britain -concentrating power in fed gov -fear of mob rule jefferson's beliefs - ANSWER--anti-debt, payment of only national debt (favoring debtors) -anti Bank, bank was unconstitutional (strict interpretation) -distrusted strong central gov and rich -favored strong state/local gov rooted in population participation -favored society of farmer citizens -ally of average citizen -democracy of farmers and tradespeople -economy based on farming -pro France -sharing power with state and local gov, limited national gov -fear of absolute power the first political parties - ANSWER-the differences within washington's cabinet intensified and helped give rise to two party system -hamilton was sec of treasury -jefferson was sec of state 1796? federalists - ANSWER-those who shared hamilton's vision of a strong central gov (mostly northerners) democratic-republicans - ANSWER-those who supported jefferson's vision of strong state governments (mostly southerners) monroe doctrine - ANSWER--portugal and spain wanted to reclaim their former colonies in latin america in 1815 after napoleon was defeated -russia pushing in northwest, establishing trading posts in what is now cali, posed a threat to american trade with china -the us had to do something

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