What is a main difference between the economic visions of American held by Jefferson and Hamilton

What was Jefferson's vision for the American economy?

Thomas Jefferson's vision of the United States was that it would be a nation of small farmers. This is somewhat strange given that he owned a large plantation but he, nonetheless, believed that the US should be a very democratic and egalitarian nation made up mainly of independent farmers.

What are Jefferson's most important contributions to the United States?

Thomas Jefferson served as the third President of the United States from 1801 to 1809. Among other things, he was the principal author of the Declaration of Independence, facilitated the Louisiana Purchase which nearly doubled the size of America, abolished the slave trade, and founded the University of Virginia.

What was Hamilton's vision for the American economy?

Hamilton's vision for reshaping the American economy included a federal charter for a national financial institution. He proposed a Bank of the United States. Modeled along the lines of the Bank of England, a central bank would help make the new nation's economy dynamic through a more stable paper currency.

What are Hamilton's most important contributions to the United States?

He was an impassioned champion of a strong federal government and played a key role in defending and ratifying the U.S. Constitution. As the first secretary of the U.S. Treasury, Hamilton built a financial foundation for the new nation, against fierce opposition from arch-rival Thomas Jefferson.

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