Why Did Opponents Criticize Hamilton's Assumption Program

question 9

Multiple Choice

Why did opponents criticize Hamilton's assumption program?

• A) It rewarded states like Massachusetts, which had sloppy financial systems, for nonpayment of debt.
• B) It proposed a lengthy and unrealistic policy of repaying the original holders of the debt.
• C) Only the poor would profit from the program, disadvantaging the rich and creating larger economic issues.
• D) The program was disproportionately favorable to the South.
• E) The program could lead to the establishment of a monarchy.

---

Definitions:

Polynomial

An algebraic expression consisting of variables and coefficients, combined using only addition, subtraction, multiplication, and non-negative integer exponents.

Numerator

The top part of a fraction that represents how many parts of the whole or group are being considered.

Denominator

The bottom part of a fraction that indicates into how many parts the whole is divided.

Synthetic Division

A simplified manual method for dividing polynomials, particularly useful for dividing by linear factors.