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Thomas Jefferson disagreed with Alexander Hamilton’s economic plan primarily bec...

Oct 21, 2023

Thomas Jefferson disagreed with Alexander Hamilton’s economic plan primarily because he feared that it would (A) make the new nation dependent on foreign markets for its exports (B) prevent the expansion of slavery to new states (C) lead to a military alliance with Great Britain against revolutionary France (D) lead to heavy taxes on whiskey producers (E) in Pennsylvania promote urban mercantile interests at the expense of agricultural interests

Key Concept

KC-3.2.II: In the late 18th century, new experiments with democratic ideas and republican forms of government, as well as other new religious, economic, and cultural ideas, challenged traditional views. Some individuals and groups, including Alexander Hamilton and Thomas Jefferson, proposed different paths for the country's development.

Explanation

Thomas Jefferson, a staunch advocate for agrarian interests, was wary of Alexander Hamilton's economic plan because he believed it favored urban mercantile interests over agricultural ones. Jefferson feared that Hamilton's plan would shift the nation's economic focus from farming to industry and commerce, which would disadvantage farmers and rural communities. This disagreement marked the beginning of the first party system in the United States, with Jefferson's Democratic-Republicans opposing Hamilton's Federalists.

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