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iren [92.7K]
2 years ago
15

Why did the new nation need to pay off its debts

History
1 answer:
Zanzabum2 years ago
4 0

Answer:

Credit

Explanation:

Hamilton believed that the establishment of national debt and the paying off would increase the credit line of the new Nation which would, in turn, allow the new nation to build and expand.

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Describe the seven steps a state budget must go through in order to go into effect.
Goshia [24]

Answer:

The answer is below

Explanation:

Step 1. Submission of budget requests by state agencies to the Office of Planning and Budget according to the necessary guidelines set by the Governor.

Step 2. Revenue estimate to determine the amount available for spending

Step 3. The state agencies' requests are analyzed, and Governor is given recommendations by the Office of Planning and Budget analysts.

Step 4. The Governor's budget report is sent to the General Assembly for legislature review at both Senate and assembly House.

Step 5. The Governor approve or sign the Budget agreed upon by the General Assembly of the state to become law

Step 6. Office of Planning and Budget carries out monitoring activities, such as reviewing and authorizing annual operating budgets, to ensure each state agency does not exceed budgets.

Step 7. State Auditor carries out auditing of each state agency at the end of each fiscal year.

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3 years ago
What was the effect of old world diseases coming to the americas
ollegr [7]

Answer:

a lot of the natives suffered from these diseases causing lots of pain and destruction to the natives.

Explanation:

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2 years ago
How do you think people reacted to the new Constitution in 1787? Why would or wouldn’t they like it?
lisov135 [29]

Many people reacted in a good way to the new constitution, while some thought it gave too much power to the government. The Federalists supported the new constitution in 1787, while the Anti-Federalists primarily did not agree with it.

The Federalists were in support of a new constitution. They believed that the Articles of Confederation, which was the United States' first constitution, was too weak and the government needed more power. Under the Articles, the government could not tax citizens, properly create and enforce laws, regulate trade, and draft soldiers. The Federalists felt like this was weakening the country and they needed to amend it. While the Articles ended up getting scrapped altogether, the Federalists were in support of this and wanted to create a new constitution that gave more power to the federal government.

On the other hand, the Anti-Federalists favored the Articles of Confederation and did not want to amend it or create a new constitution. They associated the government having power with British tyranny and thought the power should be in the hands of the states and citizens. They opposed having a new constitution and were scared for their rights, this is why they demanded to have a Bill of Rights.

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The nations were all competing with imperialism. European powers were all fighting to get the African colonies.
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Since the end of the cold war, most of the former free world nations have concentrated on issues of debt and _______
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2 years ago
Read 2 more answers
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