which statement was true of the us economy in 1790?

easily borrowed large sums of money. Alexander Hamilton's economic plan involved setting up a national bank, taxing individuals and the federal government assuming the entire national debt, including the debt of each individual state. Between the first federal census in 1790 and the eve of the Civil War, the slave population in the United States increased from approximately seven hundred thousand to almost four million. The transition from an agricultural to an industrial economy took more than a century in the United States, but that long development entered its first phase from the 1790s through the 1830s. An uncertain Economy 1820-1860 In the 1820s, America's population was still moving ever westward in search of opportunities and advancement. These people are sometimes depicted as being fiercely independent and strongly opposed to any kind of government control or interference. AP U.S. History Name_____ Chapter 14 Forging the National Economy, 1790-1860 A. The influx of Irish immigrants contributed to America’s tolerance of ethnic and religious pluralism ___ 3. had trouble borrowing money to pay its bills. Painted in 1865 by Constantino Brumidi, The Apotheosis of Washington graces the inner-dome of the U.S. Capitol. He also wanted the country to turn more toward manufacturing and industry than farming, which was the current way of life during that time. The Bank of the United States. Highways of the United States, ca. The United States was still a fragile experiment in republican government. had only the money it had printed. Benjamin Franklin dies on April 17, 1790 in Philadelphia, PA. Washington, DC, is established as the capital of the United States, in 1791. In 1790 American farmers were independent people who didn't want government interfering in their daily lives. True Thomas Jefferson felt that the American economy would do best if it relied on agriculture. In December 1790, Hamilton also proposed the fifth element in his financial plan: the federal chartering and funding of a powerful institution—a national bank, which would be called the Bank of the United States and modeled to some extent on the Bank of England. Following the War of 1812, the American economy was altered from an economy partly dependent on imports from Europe to an empire of internal commerce. President George Washington delivers the first "State of the Union Address" on January 8, 1790. Its domestic events and attitudes would greatly be shaped by events in Europe. ICONS: George Washington, 1790 Census, USS Constitution . ___ 1. True or False Where the statement is true, mark T. Where it is false, mark F, and correct it in the space immediately below. “An Act for establishing the temporary and permanent seat of the Government of the United States,” was signed into law on July 16, 1790. During Alexander Hamilton’s time as secretary of the treasury in 1790, the federal government was paying back its loans. American frontier life was often grim and plagued by poverty and illness ___ 2. Based on the following chart, how did the U.S. population change between 1790-1860? 1825: Turnpikes, canals, and rail lines drastically changed America’s landscape, beginning in the 1800s. : George Washington, 1790 Census, USS Constitution Turnpikes, canals, and rail lines drastically changed ’. Time as secretary of the Union Address '' on January 8, 1790 Census, Constitution... The federal government was paying back its loans s time as secretary of the Address... Uncertain Economy 1820-1860 in the 1800s religious pluralism ___ 3 U.S. Capitol its domestic events and attitudes would greatly shaped! Chart, how did the U.S. population change between 1790-1860 1790, federal. 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