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suter [353]
3 years ago
14

What do you think might happen as a result of the inability of the continental congress to pay its debts?

History
2 answers:
swat323 years ago
6 0

The result of the inability of the continental congress to pay its debts is a rebellion from war veterans and foreign loans from the French, Dutch and Spanish governments. The inability to pay debts was due to the fact that U.S government failed to impose taxes, regulate commerce, or raise an army. With this, the Congress had to print more money, which led to hyperinflation and due to that they obtain loans to meet the budget deficit.


Nostrana [21]3 years ago
4 0

Answer:

What could happen would be for soldiers to desert because of nonpayment and the American revolution would not happen for lack of an army. In addition, the American colonies would be in trouble with the countries that helped them economically.

Explanation:

In the course of the conflicts over the American Revolution, the Continental Congress, functioning precariously as the central government of the colonies, was finding it difficult for each colony to fulfill its obligations. This is because the continental congress was poor and disorganized, but it tried to fight as it could to keep it alive. the flame of the struggle for independence. The continental congress had many economic problems and needed international help to pay its debts. If the debts were not paid, many soldiers could desert and thus, the colonies would not have enough men to fight the enemies, and the countries that helped the thirteen colonies could infringe on reprisals for unpaid debts.

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