All of the Following Were Part of Alexander Hamilton's Economic

question 62

Multiple Choice

All of the following were part of Alexander Hamilton's economic program except  

• A) the creation of a national bank.
• B) funding the entire national debt at par.
• C) vigorous foreign trade.
• D) protective tariffs.
• E) paying only domestic debts but not foreign debts.

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Definitions:

Social Responsibility

The obligation of an organization or individual to act for the benefit of society at large, balancing profit-making activities with activities that benefit the community.

Defensive Strategy

A business approach aimed at protecting an organization's current market share, products, and services from competitors.

Discretionary Responsibilities

Voluntary activities and behaviors that go beyond the basic requirements of the job, intended to benefit the organization or its stakeholders.

Social Responsibility

An ethical framework suggesting that an entity, be it an organization or individual, has an obligation to act for the benefit of society at large.