USA HISTORY

MAKING OF A NEW NATION 1776 1800

SHAYS REBELLION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What happened to people who could not pay their debts?
A
They were put in prison where they suffered horrible conditions.
B
They declared bankruptcy and could get credit in 10 years
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -If you were thrown into prison and had no family, you could not earn to repay your debts, which continued to accumulate. Most were left with little choice but to beg for alms from passers-by. Conditions for debtors who could not raise money were appalling, with whole families cramped into overcrowded, cold, damp cells.

Detailed explanation-2: -In many cases they could secure their release only when they had paid their debts or reached an agreement with their creditors. Because debtors had to pay to be housed within the prisons, their debts could actually increase while incarcerated, so some would spend years or even decades in jail.

Detailed explanation-3: -This is what Western society did with the poor in the mid-1800s. If you fell behind on your bills or couldn’t pay legal fines, you and your family went to flea-ridden government workhouses where you would labor to earn your keep.

Detailed explanation-4: -Many Dickens’ fans may know his character Amy Dorrit from Little Dorrit, who was born and lives in Marshalsea after her debtor father William spends decades in the prison.

There is 1 question to complete.