His plan was to retire the old depreciated obligations by borrowing new money at a lower interest rate.
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I believe the answer is: It delayed or extended nationalist struggles.
The nationalist struggles come after different nations started to fully embodied nationalist movement, which make them tend to incline to prove their nation's superiority over another nations. This type of thinking often lead to conflicts among these european nations.
The best describes the contributions of frederick douglass during the civil war is : douglass was an abolitionist who encouraged the union to allow african american to enlist
Before his effort, the contribution of African American for the army was limited in the factory, when they labored to create military supply.
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Slavery during the 17th century worked more like indentured servitude. The first blacks to come to the Americas were indentured servants. They worked off the debt of their passage and were given land following their servitude. The whole system of indentured servitude fell away after land resources became limited. Blacks were allowed to purchase their freedom, buy land, even some having their own slaves. As the colonies entered into the 18th century, the black population was increasing as slave labor became more important to the plantations. Increasing numbers coupled with slave revolts led to the creation of slave laws in many of the colonies. These laws made slavery lifelong and a status associated with birth to a slave mother. Though slavery was becoming less common in the British Empire, when the US became independent, slavery became a part of the new country's economy and social structure.
