Which of the following was NOT part of Hamilton's five-part economic plan?

The choice pertaining to the implementation of a national sales tax is correct as it was not part of Alexander Hamilton's economic plan. Hamilton’s strategy, introduced in the 1790s, focused on stabilizing the American economy after the Revolutionary War and fostering a strong national government.

His plan included the creation of a new national debt, which involved consolidating state debts to establish a national credit rating, thereby earning the trust of foreign investors. The establishment of a national bank was also included as it aimed to provide a stable currency and manage government funds efficiently. Additionally, Hamilton proposed a whiskey tax as a means of generating revenue for the federal government, tapping into the growing spirits industry at the time.

In contrast, the concept of a national sales tax was not a part of Hamilton's economic strategy, as the plan emphasized other forms of revenue generation and fiscal organization rather than a sales tax mechanism, which was not commonly employed at that time in the United States. The focus was more on tariffs and excise taxes to fund the government and pay off debts rather than implementing a blanket sales tax.