ipl-logo

How Important Was The Framers Decision Making To Improve The American Economy

926 Words4 Pages

One of the Framers’ main focus when they were writing the Preamble was the promotion of general welfare. The improvement of the economy was key for them because in order to have a successful nation, there needs to be a stable economy. After making the improvement of the economy a focal point, all it took was one century and America completely revolutionized its economy, a great feat for a newly born country. Although not all the decisions that were made to improve the economy resonated with the American people, but the general decision making was sub par. The reason that the creation of an amazing economy happened was solely based on the Framers’ perseverance through the rough patches they encountered. Trade was one of the key parts in …show more content…

The railroad completely changed the way trade worked. Before the railroad people had to deliver goods by wagon, and that would cause a lot of problems because of the rough terrain and long delivery times, but with the railroad it made things 100 times easier for the single conductor, and the buyers who would get their product much faster than before. Railroads not only helped the economy, but it helped people as well, unlike most things that happened in the U.S. economy, there was little to nothing negative about the creation of railroads which was ideal because it is still being used today. Preceding the railroads there were steamboats, the steamboats were a big hassle because of the dangers, such as indian attacks or boiler explosions, but the Framers were not going to back down until they found the perfect way of trade, hence the railroad. Another way America increased trade was when the cotton gin was created. In 1793 Eli Whitney invented the cotton gin, it was a very important part in producing a record level of cotton. With all this cotton plantations started to expand and there was a lot of cotton that traveled from the …show more content…

Alexander Hamilton was the first secretary of the treasury and he contributed many ideas to help improve the American economy, but he had a few ideas that diminished the economy, for example, in 1791 the whiskey tax took place. The whiskey tax was mainly targeted at farmers, since wheat was their main crop. The whiskey tax made almost all of the farmers very upset, because all of their work was being taxed. After a small period the farmers decided to rebel. The rebellion caused George Washington and Alexander Hamilton to sail down to Maryland, and address the rebellion. After the farmers backed down and the rebellion ended, the federal government lost more money than they would have ever made with the whiskey tax. Even though some choices the Framers made were a huge bust, they always took a positive from everything. The whiskey rebellion lost America a lot of money, but the suppression of the rebels gained the federal government power and respect, which was only accomplished because Hamilton did not stand down. The framers did make some bad decisions, but they also made one of the greatest decisions to this date, the Louisiana Purchase. On April of 1803 James Monroe signed The Louisiana Purchase, which landed America 909,000 square miles of territory (almost doubling their current amount of land) for only $15,000,000 (around $230,000,000 today). This deal

Open Document