Question

QUESTION 3 Why was the collection of an excise tax on whiskey an indispensible condition for...

QUESTION 3

Why was the collection of an excise tax on whiskey an indispensible condition for the success of Hamilton's plan to eliminate the national debt?

Because a reduction of alcohol production and consumption would increase productivity

Because the revenue of the new National Bank would come from the distribution and sale of liquor

Because the tax was needed to pay 4% interest on the stock of the Bank of the U.S.

Because a show of strength would boost investor confidence

1 points (Extra Credit)   

QUESTION 4

To which country did the city of New Orleans belong in 1790?

The United States

Spain

France

Britain

1 points   

QUESTION 5

What is the name of the mountain chain running along the East Coast of North America?

The Rocky Mountains

The Appalachians

The Sierra Nevada

The Berkshires

Homework Answers

Answer #1

3.The Whiskey Tax in 1791,was imposed to generate rvenue for the Revolutionary war debt that was unavoidable and to pay out all the national debts, Hamilton proposed this tax.

So Option B is correct.

4.The city New Orleans belong to Spain in 1790,which was the period when the outbreak of two major destruction by fire outbreak ruined the city.

So Option B is correct.

5.Option B-The Appalachians are the mountain chain running along the East coast of North America.

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