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How did the United States government incur millions of dollars in debt? A) It built a very large presidential mansion. B) It loaned a great deal of money to the French to help them fight their revolution. C) It paid the Native Americans $40 million for Ohio and Indiana. D) It borrowed money from foreign countries and state governments to finance the Revolutionary War.
Weegy: The answer is: D) It borrowed money from foreign countries and state governments to finance the Revolutionary War. User: Why was the South against the idea of the government paying state debts? A) They did not want taxes to increase. B) The South had already paid most of its debts. C) The North had less debt than the South. D) The South felt this was a violation of the Constitution. Weegy: c. The North had less debt than the South (More)
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Asked 6/18/2012 8:30:09 AM
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What was one function of the national bank? A) The bank would issue federal credit cards. B) The bank would offer loans to Native Americans. C) The bank would negotiate trade agreements with foreign countries. D) The bank would be a place to store government funds received from taxes.
Weegy: C) The bank would negotiate trade agreements with foreign countries. User: Why did many people sell their government bonds for less than they paid for them? A) The government refused to pay the money owed to bond holders. B) All bonds were sold to France. C) They did not believe the government was going to be able to pay its debt. D) Many bonds were lost during the war. Weegy: A) The government refused to pay the money owed to bond holders. User: What was Hamilton's plan for paying state debts? A) The government would pay off the states' debts. B) The government would pay the states' debts and give the states back the money already paid toward debts. C) The government would pay $500,000 to each state, which was to be used to pay debts. D) The government would pay half of each state's debt. (More)
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Asked 6/18/2012 8:36:54 AM
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