Debt show in the national economy that sometimes there are hard times and there are the days where we are able to make payments but what debt show in a national economy is that you struggle to pay bills or what ever it is you owe so debt in an economy had a negative affect
ok this is what i found out of my history book
revised every year a plan for how the U.S government will take in money. This was developed by the President and congress. The purpose is to outline the budget for the nations priorities for upcoming years.
Werner von Siemens
None of the others were industrialists.
Answer:
- tendency rates tripled , 1880-1890
- cotton was deflated , market was flooded
- whole time they planted they put the prices down
- Union blockaded the South so they couldn't get cotton
- England found a new place to get cotton for cheaper ( India ,Egypt and Brazil)
- the US had too much cotton it began to build up
hope it helps :)
