Question

True or False: The exodus of wealthy loyalists led to a more equitable distribution of wealth in the postwar United States.

Answer 1

Answer:

False

Explanation:

The Loyalist exodus, economically speaking, served partially to finance the expenditures of the Revolutionary war. Some Historians count them 50,000 people and divide them into two branches: fervent and mild loyalists.

Still, in economics, The people must be able to generate wealth in a sustainable (constant) way to achieve a more equitable distribution of wealth in any given country.