THE AMERICAN REVOLUTION 1775 1783
AMERICAN REVOLUTION SOCIAL AND ECONOMIC IMPACT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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some colonists were Moderates
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some colonists were Loyalists
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Americans were fearful of a strong central (national) government and didn’t want to give Congress to much power
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Americans were unsure if the Dutch, France and Spain were going to help them fight England.
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Detailed explanation-1: -Answer and Explanation: The Continental Congress had difficulty raising money because the revolutionary United States had no credit on the world stage (hindering the likelihood a foreign power would loan the congress money) and had no authority to force the states to pay taxes.
Detailed explanation-2: -Critical shortages of arms and ammunition, clothing, shelter, and camp equipment persisted in spite of repeated appeals to political authorities and the local population; food rations for both man and beast were unpredictable. The Continental Congress’s efforts to equip and feed its army were inadequate from the start.
Detailed explanation-3: -In order to pay for its significant expenditures during the Revolution, Congress had two options: print more money or obtain loans to meet the budget deficit. In practice it did both, but relied more on the printing of money, which led to hyperinflation.
Detailed explanation-4: -It was this lack of being able to raise revenue that caused Congress to decide on a paper-based currency for their use.