One economic problem was that businesses were not as healthy. People started losing money because they had numerous investors and they couldn't find a way to pay them back because they couldn't earn as much as they received in investments which caused investors to lose money in reality which harmed the businesses.
Another is that the consumers were indebted more than it was normal. People were spending more and more money and they in reality didn't have this money earned so the debt started increasing dramatically and when they couldn't pay back the debts the bubble burst and an economic crisis was introduced.
In 1790, the national bank Hamilton established: national currency
By the time national currency was established, it mandated people who live in the country to only acknowledged the national currency as the standard medium of exchange for every transaction. This was a part of the agreement that was made on the Constitutional Convention on September 17, 1787.
Answer:
British officials reserved the land west of the Appalachian Mountains for American Indians.
Explanation:
King George Third issued the Royal Proclamation of 1763 on October 7, 1763. It was issued when Britain managed to acquire French areas in North America after winning seven years war. The proclamation prohibited any settlement west of Appalachian mountains. It was proclaimed to be an Indian reserve. Exclusion of the area beyond Appalachian mountain filled colonialists with discontent and it arose during the American revolution.
During the Constitutional Convention, large states such as Virginia argued that "<span>D.a state’s congressional representation should be based on its population," since the larger physical states tended to have larger populations. </span>
