USA HISTORY

MAKING OF A NEW NATION 1776 1800

SHAYS REBELLION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
One of the biggest problems facing the US after the Revolution was ____
A
George Washington’s retirement
B
The huge amount of debt the country had
C
The British dragging their feet to sign the Treaty of Paris
D
The number of people still loyal to the king
Explanation: 

Detailed explanation-1: -The period following the Revolutionary War was one of instability and change. The end of monarchical rule, evolving governmental structures, religious fragmentation, challenges to the family system, economic flux, and massive population shifts all led to heightened uncertainty and insecurity.

Detailed explanation-2: -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-3: -Describe three significant challenges facing the United States when the American Revolution ended. It had to form a government, handle problems resulting from provisions in the Treaty of Paris, and live up to its ideals.

Detailed explanation-4: -Since the government almost always spends more than it takes in via taxes and other revenue, the national debt continues to rise. To finance federal budget deficits, the U.S. government issues government bonds, known as Treasuries.

There is 1 question to complete.