3. The Critical Period America had huge war debts, and used their “real money” to pay them. Paper money was almost worthless, because most of it was not backed by real things like gold or silver.
4. Constitutional Convention The Constitutional Convention was held in Philadelphia in 1787 at the Old Courthouse which was later renamed Independence Hall.
5. The Great CompromiseStates with small populations argued with states that had large populations over representation. They agreed to split the Legislative Branch into two houses. Senate Every state would have two Senators. Each state has equal representation. House of Representatives Representation is based on population. States with more people have more representatives than states with less people.
6. George Washington Represented Virginia Chosen to be the leader of the convention. He was later elected the first president of the United States.
7. James Madison Also represented Virginia Wrote everything that happened at the convention down Is known as the “Father of the Constitution” Wrote some of the Federalist Papers
8. Benjamin Franklin Represented Pennsylvania Funny, smart, and people liked him He was able to help people to get along It was his idea to pray at the beginning of each day’s work
9. AlexanderHamilton Represented New York Would become America’s first Secretary of the Treasury Would start the first national bank Would create a federal currency (money) Wrote 51 of the 85 Federalist Papers Supported Jefferson for president in 1800 against Aaron Burr Killed in a duel with Burr after accusing Burr of treason
10. Who was absent? Thomas Jefferson was in France. John Adams was in England.