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
What religion originated in japan ​
choli [55]

Answer:

Shinto and Buddhism are Japan's two major religions. Shinto is as old as the Japanese culture

Explanation:

3 0
3 years ago
What does the term "white mans burden" refer to
emmasim [6.3K]
The term "white mans burden" refers to imperialism, Eurocentric racism and Western aspirations to dominate the developing world. However, this phrase did not start as a broad term but was a poem by Rudyard Kipling about the colonization of the Philippines by the United States after taking it from Spain during the Spanish-American War. 
7 0
3 years ago
Read 2 more answers
What was the result of the Brown v. Board of education Supreme Court decisions?
shtirl [24]
Seperate But equal is unconstitutional in school settings
4 0
3 years ago
when the government goes into deficit spending to stimulate the economy, it has to borrow more money. This borrowing may have a
Ilya [14]

Answer:

This borrowing may have a negative impact by crowding out private investment.

Explanation:

When the government goest into deficit spending to stimulate the economy in times when the economy is slowing down, what happens is that the government now demands more loanable funds: it demands a higher proportion of the savings in the economy in the form of government bonds.

This higher government demand for loanable funds crowds out private investment for two reasons:

  • It raises the interest rate, making private investment more expensive.
  • It reduces the amount of loanable funds available for the private sector (because it takes over a larger share of them).

4 0
3 years ago
How did the decision to nationalize some important industries impact Britain's economy?
Nady [450]
<span>c.Forced the government to prop up industries.</span>
7 0
3 years ago
Read 2 more answers
Other questions:
  • When timur went to war with the ottomans and the delhi sultanate?
    13·2 answers
  • Most people in the United States who are bilingual speak English and ________.
    11·2 answers
  • What are some ways to stop genocide? Like the holocaust
    13·1 answer
  • How did nationalism contribute to the French desire to retake the alsace-Lorraine region?
    5·2 answers
  • The "Trail of Tears" refers to which event? A the campaign trail during Jackson's re-election bid B the economic recession of th
    7·2 answers
  • 1. Define the term "interest group"
    8·1 answer
  • This is a political Theory that individuals have privileges that no goverment can deny
    13·2 answers
  • A person who is not satisfied with an appellate court's decision
    14·1 answer
  • What does "seperate, but equal" mean?
    6·1 answer
  • Your text outlines three practices to help us avoid ethical traps: slow down, remember your life principles, and
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!