As a result of President Truman’s implementation of the GI Bill, many veterans received loans to buy homes or businesses.
Explanation:
The G.I. Bill or the Servicemen's Readjustment Act of 1944 aimed at the smooth integration and reward of all American veterans who returned to the United States after the Second World War. These veterans were referred to as G.I. (Government Issue). The scheme provided for higher education or vocational training for veterans paid by the state. They also received unemployment benefits for one year and were able to take advantageous loans to buy a house or start a business.
Political factions or parties began to form during the struggle over ratification of the federal Constitution of 1787. Friction between them increased as attention shifted from the creation of a new federal government to the question of how powerful that federal government would be.