Economic Goverment

Allisa Rockwood
U.S. History
Mr. Pfeuffer
June 1, 2011

The Governments Role in the Economy

The government should perpetually be an overseer in the economy. They should watch over the economy to make sure it doesnt head down the premature path. If the economy starts to turn sour they should jump in and guess to stabilize it. Even though they should help, the government shouldnt couch to many restrictions and laws because this could block potential growth in the economy. The subprogram should protect and help the economy grow.
In 1787 the New ground was relieve oneselfd. Alexander Hamilton the secretary of state worked on economic development. His bearing of doing this was to help young industries grow by protecting them with tariffs and patent subsidies. He also needed the federal government to create a national desire that would take on the normals debt. The new government was wary of his ideas but tariffs became a part of the economy. Early American farmers believed that a national bank would be of no benefit, that the bank would serve the rich at the expense of the poor.
The New Nation was divided between the beliefs in economy growth. Hamilton believed that the economy should seek growth through banking and manufacturing.



doubting Thomas Jefferson believed that the common man should be protected from economic and political tyranny. Not only was it divided in beliefs but in regions. The North was making money with the growth of factories. The South was getting rich from huge plantations growing cotton or tobacco plant and workers that didnt get paid. These plantations were started by small farmers selling their bestow to move west.
People who started to move west at offset had low standards of living. Eventually with greater enterprise, people taking vantage of rising property values, and thinking in terms of profitable business the standard of living was higher than ever imagined. galore(postnominal) think this time to be very independent get up the government but the government helped quite a bit. They...If you want to get a full essay, order it on our website: Orderessay



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