Those who opposed Hamilton's financial policies were northern merchants who believed in government by the wealthy and powerful. true false
History · High School · Tue Nov 03 2020
Answered on
False.
Those who opposed Alexander Hamilton's financial policies were not northern merchants who believed in government by the wealthy and powerful; instead, they were generally southern planters and farmers who favored states' rights and were wary of a central government with too much power. Northern merchants were more likely to support Hamilton's policies, as they would benefit from a stronger national government that could regulate trade, stabilize the currency, and promote economic growth.