As head of the Treasury, Alexander Hamilton created a plan to make America financially independent. While Hamilton’s Report on Manufactures (1791) encouraged the development of factories to make America financially independent, people like Thomas Jefferson and James Madison disagreed with his approach. Jefferson and Madison believed the future of financial growth depended on which commercial activity?

Which of the following statements would be supported by both a communist and a utopian socialist? a) a government should restrict the number of imports and exports to protect its gold reserves b) governments have no right to restrict the actions of businesses or customers c) society will shift towards socialist ideals without the need for violent revolutions d) the gains of the industrial revolution should be shared by all members of society