Hamilton Turner HW - Steve Hughey HST 213 Alexander Hamilton Report on the Subject of Manufactures 1 What are Hamilton's seven arguments in favor

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Steve Hughey HST 213 1/30/08 Alexander Hamilton – Report on the Subject of Manufactures 1. What are Hamilton’s seven arguments in favor of manufacturing? Explain them in your own words. I. Division of labor – increases the quality of the goods or services provided by each respective occupation, because each laborer can concentrate fully on one aspect of manufacturing (e.g. if Gibson concentrated on making many musical instruments, rather than chiefly the guitar, the quality of its guitars and other products would suffer.) II. Extension of machine use – machinery helps to increase the output, efficiency and by extension, profit of a company or worker using machinery; also helpful is that machines need not be fed or maintained as human workers. III. Additional employment for workers not ordinarily engaged in such business – industry provides jobs for anyone who wants them, men, women and children, previously employed or not, especially to increase their purchasing powers. It also helps to keep the idle and vagrant off the streets. IV. Promoting immigration – manufacturing would essentially ensure that immigrants could easily find work, thus making a move to America an attractive option. This would help expand the population. V. Furnishing greater scope for the diversity of talents and dispositions – broadening the range of professions, arts and pursuits, ultimately precipitating faster and better improvements and
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This note was uploaded on 03/19/2008 for the course HIST 213 taught by Professor Anderson during the Spring '08 term at Michigan State University.

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Hamilton Turner HW - Steve Hughey HST 213 Alexander Hamilton Report on the Subject of Manufactures 1 What are Hamilton's seven arguments in favor

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