Who said only by promoting manufacturing and commerce can our economy grow and prosper?

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2026-03-19 00:40

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The sentiment that promoting manufacturing and commerce is essential for economic growth and prosperity has been echoed by various economists and political leaders throughout history. One notable figure who emphasized this idea was Alexander Hamilton, the first Secretary of the Treasury, who advocated for a strong manufacturing base in his "Report on the Establishment of a Mint" and other writings. His arguments laid the foundation for American economic policy that values industry and trade as key drivers of national wealth.

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