1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tatuchka [14]
3 years ago
7

Why was there inflation after the First Bank of the United States closed? How was the problem resolved?

History
1 answer:
IRISSAK [1]3 years ago
4 0

Answer:

Explanation:

There was inflation after the First Bank of the United States closed because the United States after fighting the war of 1812 found itself in a huge debts which leads to them struggling with increase in prices and devalued money from rising inflation

The problem was resolved by creating the second bank of the United States in 1816. One of the major reason for its creation was to help the national treasury out of its unpleasant financial situation and also to regulate the currency.

You might be interested in
How many times was Carl Wess shot?
grandymaker [24]

Answer:

Im not sure honestly but i would guess like twice maybe I have no idea

Explanation:

4 0
3 years ago
Why were the American colonists driven to declare war on the British Empire
Viefleur [7K]
The American colonists were driven to declare war on the British Empire, because they were being oppressed, and not treated as citizens. They believed that the British had no right to impose more taxes on them, and so declared independence

hope this helps
8 0
3 years ago
Read 2 more answers
Which explorer was the first to sail the east coast of South America? For which country did he sail?
zzz [600]
Carbal was the first explorer to sail to the east coast of South America. He sailed for Portugal. Hope it help!
7 0
3 years ago
Which two rivers provided a natural path for the roman roads to follow
Fiesta28 [93]
The Danube and Rhine rivers.
6 0
3 years ago
Read 2 more answers
What is one way that personal computers have affected modern life
Scrat [10]
Personal computers have allowed people to access a wealth of information that was not available before.

Before the personal computer and the internet, many people relied on television, newspapers, books, libraries, and magazines for a majority of their information. Now, thanks to the personal computer, people can access information much easier through the internet. There are websites for everything, allowing people to learn more from their homes.
5 0
3 years ago
Other questions:
  • Famous person who was defeated seven times while running for political office
    11·2 answers
  • How did Mexico view the Mexican Cession at the end of the war?
    9·2 answers
  • What event started the revolution? Why was it important?
    5·1 answer
  • Which statement best summarizes how the people of South Carolina responded to the formation of the sons of liberty ?
    10·2 answers
  • Who led the expedition that surveyed America's new Louisiana Purchase?
    12·2 answers
  • A newly formed volcanic island can trigger which process in an ocean ecosystem? Primary succession Secondary succession Converge
    15·2 answers
  • Which group used violence against African Americans during the late 1800s and early 1900s?
    8·2 answers
  • What does the author most likely mean by stating “ I did not wish to live what was not life
    9·1 answer
  • Helpppppppppp pleaaaaaaaase​
    9·2 answers
  • How did Matthew Robinson impact Jackie Robinson​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!