capitalism i am positive.
Answer:
Answer 1: Because they needed money to pay their debts from the war
Answer 2: Taxes
Explanation:
Britain needed money to pay for its war debts. The King believed that they had the right to tax the colonies.
Duties means the binding or obligatory force of something that is morally or legally right; moral or legal obligation.
<span>Foreign investors owned a greater amount US stocks, bonds, and factories than investors in the US owned of assets in foreign markets.
In 1985, the <em>New York Times</em> reported, "U.S. Turns into Debtor Nation," because a Commerce Department report showed the US "owing foreigners more then they owe it." By that they meant that "foreign ownership of American factories, real estate, stocks and bonds exceeded American ownership of foreign assets."
However, there's another way to look at this picture than the "debtor nation" label. The Heritage Foundation (a conservative group) noted in 1985 that having foreign investors pursuing assets in the United States indicated strong confidence by those investors in </span><span>the </span>American<span> economy. You invest in a country's assets because you think those assets will grow in value. So, becoming a "debtor nation" can be viewed as a sign of economic health in the eyes of the rest of the world.</span>
It marked the period in political history of the united states that reflected a sense of national purpose and a desire for unity among Americans in the aftermath of the war of 1812
Hoped i helped :)
<span />
