3
QuizMultiple Choice

The New Nation — Quiz

Question 3 • US History

During Alexander Hamilton’s time as secretary of the treasury in 1790, the federal government

Answer
A
had only the money it had printed.
B
easily borrowed large sums of money.
C
had trouble borrowing money to pay its bills.
D
was paying back its loans.

Explanation

In 1790, the federal government had large debts from the Revolutionary War and a weak reputation for repaying them. As a result, it had trouble borrowing money to pay its bills. Hamilton’s financial plans aimed to strengthen the government’s credit and make borrowing easier, so choice C is correct.

AI-written and checked against the verified answer.

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