. CheckPoint: Hamilton’s Financial Program • Write a 150- to 200-word response answering the following questions: o What is the significance of Alexander Hamilton’s financial program? o How did Hamilton’s financial program play a role in the creation of a two-party political system?

The significances of Alexander Hamilton’s financial program were to design to prop up the nation’s fiancés and ensure the continued financial strength. Hamilton’s two main goals were to: use the power of the federal government to make the United States both economically strong and independent of Europe, through national manufacturing and commerce; and to link the interests of America’s wealthy to the interests of the new government.

Hamilton’s financial program played a huge role in the creation of a two-party political system bringing the states together under one central government bank through a new system and new taxes; Hamilton wanted the central government to pay the debts of the states from the Revolutionary War. Hamilton also wanted to strengthen the national bank and then had the bank called “the bank of the United States”. With Hamilton program there were people who did not like the economic programs Hamilton had developed and this led to the splitting of American politics into two major political parties: The Federalists party supported Hamilton financial program; and the opposition, called the Republicans did not. Hamilton consolidation of power for his program through broad interpretation of the Constitution, though, it was a success.