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Published byPriscilla Mathews Modified over 9 years ago
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WHAT WAS HAMILTON’S ECONOMIC PLAN?
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WASHINGTON’S PRESIDENCY Economic Problems
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DAILY GOALS 6. Debate how the ideas behind Hamilton’s economic plan would be received today 7. Describe the causes of the Whiskey Rebellion 8. Describe Washington’s reaction to this event and its impact on the country
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THE US ASSUMES ALL STATE DEBT Lets take a look at that clock again… http://www.usdebtclock.org/ http://www.usdebtclock.org/ Positives Negatives
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CREATE A NATIONAL BANK Positives Negatives
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IMPOSE HIGH TAXES ON IMPORTED GOODS Check the tag on your shirt, where was it made? Are goods made in America cheaper than imports? How would this impact you and your family?
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THE WHISKEY REBELLION Washington is THE MAN!
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CAUSES Congress puts a tax on all whiskey to raise treasury funds Meanwhile, backcountry farmers are using their surplus of corn to make whiskey. American Revolution anyone?
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WASHINGTON’S REACTION AND IMPACT The only president to ever ride into battle during his term in office! Pardons the leaders of the rebellion Armed rebellion is UNACCEPTABLE!
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DAILY GOALS REVISTED 1.Debate how the ideas behind Hamilton’s economic plan would be received today 2.Describe the causes of the Whiskey Rebellion 3.Describe Washington’s reaction to this event and its impact on the country
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