As an orphaned teenager from the Caribbean, Alexander Hamilton never could have envisioned the impact his emigration would have on the future of America. Beginning with his military service during the Revolutionary War, his life had become immediately intertwined with the fate of our new nation. Although more than 200 years ago, the guidance he provided as our first Secretary of the Treasury still serves as a foundation of our capitalistic economy today.
This mini-lesson is part of the Economics Arkansas iNSPIRE! series and can be used to start a class on a number of related topics including fiscal policy, taxes, or credit cards. The included activities will help your students identify the role that debt and credit play in our lives as well as in the lives of businesses and nations.