MAKING OF A NEW NATION 1776 1800
JAY TREATY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Soldiers and Money
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Money and Land
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Land and Soldiers
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Weapons and Land
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Detailed explanation-1: -This treaty, signed on September 3, 1783, between the American colonies and Great Britain, ended the American Revolution and formally recognized the United States as an independent nation.
Detailed explanation-2: -THE BRITISH NATIONAL DEBT Great Britain’s newly enlarged empire meant a greater financial burden, and the mushrooming debt from the war was a major cause of concern. The war nearly doubled the British national debt, from £75 million in 1756 to £133 million in 1763.
Detailed explanation-3: -The Growing National Debt Debts incurred during the American Revolutionary War amounted to over $75 million by January 1, 1791. Over the next 45 years, the debt continued to grow until 1835 when it notably shrank due to the sale of federally-owned lands and cuts to the federal budget.
Detailed explanation-4: -Northwest Territory Perhaps as important as U.S. independence, the Treaty of Paris also established generous boundaries for the new nation. As part of the agreement, the British ceded a vast area known as the Northwest Territory to the United States.