2. List and discuss the various economic problems encountered by the newly formed United States. Why did the nation encounter such difficulties? Both the British and American armies needed a lot of supplies. This caused a drive up of costs on goods. This caused severe Inflation. Congress was forced to make the continental dollar worthless. This caused congress to rely on the printing press. Printing of money was so fast t

hat the supply couldn't keep up and thus caused the goods of services to skyrocket and the value of this money to plunge. Heavy debts were "incurred" to finance the Revolutionary war. They would have to borrow money (funds) and issue certificates or bonds pledging repayment of all. Wanting to strengthen the confederation at the expense of the states "nationalists". Armies unpaid and the only thing they could do to repay is put all funds in a commercial bank for only government funds, loans to government and to issue bank notes this money used to settle debts owed to the united states. Morris imposed "Tariff" (American journey) Of 5% on imported goods- this was considered a national tax and required an amendment from all 13 states. . The failure due to this impost tax was one of so many set backs that had put these nationalists temporarily on the

Some common words found in the essay are:
Inflation Congress, Britain American, Revolution Britain, War Spain, Tariff American, Confederation Congress, Spanish Empire, Spain West, Mississippi River, Spain Britain, mississippi river, revolutionary war, articles confederation, american journey,
Approximate Word count = 572
Approximate Pages = 2 (250 words per page double spaced)