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Molodets [167]
3 years ago
9

How did going into debt to win the war impact the American colonies and the French

History
1 answer:
azamat3 years ago
4 0

Answer:

Both the American colonies and the French incurred in debt in order to finance their efforts in the Revolutionary War.  

In the case of the colonies, the newly created states started off with a poor economic situation that lead to difficulties in the first administration.  Secretary of Treasury Alexander Hamilton proposed a series of radical policies to make sure the country achieved financial stability, but his ideas were heavily criticized.

In the case of France, the debt from the Revolutionary War added up to the preexisting debt from the Seven Years War.  This created a grave financial crisis in France that would eventually culminate in the French Revolution.

Explanation:

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gulaghasi [49]

Answer:

Lincoln promised the South it could keep its enslaved people if it returned to the Union, while Davis insisted the Confederacy would not return.

Explanation:

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Juli2301 [7.4K]

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2 years ago
Which best describes the impact of the French and Indian War?
IRISSAK [1]

Answer:

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Explanation:

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3 years ago
What are hieroglyphics and what was the significance of the Rosetta Stone in better
Pavlova-9 [17]

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Explanation:

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3 years ago
What should an investor consider when making an investment? Check all that apply.
Vesna [10]

Answer:

hi!

Explanation:

1. Draw a personal financial roadmap.  

2. Evaluate your comfort zone in taking on risk.  

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7 0
3 years ago
Read 2 more answers
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