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The demand for war supplies during the war opened tons of jobs, just look at WWII, we went from Great Depression to a huge industrial boom.

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โˆ™ 13y ago
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โˆ™ 15y ago

Total: about 80 million dollars

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Q: What had happened to the debt crisis after the American Revolution?
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How did Louis XVI put France deeper in debt?

His support of the American Revolution added to the French debt and advanced the economic crisis which lead to his downfall.


What country is an often forgotten ally in the American Revolution?

France helped the Americans in the American Revolution. That is why they ended in extreme debt after which helped lead to their Revolution. France helped the Americans in the American Revolution. That is why they ended in extreme debt after which helped lead to their Revolution.


What is the link between the French and American Revolutions?

The American revolution was obviously for the united colonies separation from great Britain. The french revolution was a revolt against their government, like we revolted against Great Britain. Our revolution was much less violent, even though we had a war.


What major endeavor had put the French government in serious debt by 1789?

The Seven Years Wars followed by the French support of the Patriots during the American Revolution when added to the debt inherited from previous Kings by the government of King Louis XVI created an economic crisis.


What conditions helped bring about the French Revolution?

The French economic crisis involving massive debt and an unfair tax code.


Who owed the debt left over from the American Revolution?

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What events and people had a direct influence on the French Revolution?

The man on the street stormed the Batille in search of weapons and gunpowder. The French Nation was in serious economic crisis that in part was because of old debt, but also because of aid given to the Americans during the American Revolution.


What impact did the American Revolution have on France?

France had a debt of $11 million because of supplies and other military service at the end of the American Revolution.


Why did the king run out of money in the French Revolution?

He had inherited a large National debt and had increased it by supporting the American Revolution.


What problems were caused by the national debt the United States had at the end of the American revolution?

The biggest problem that was caused by the national debt of the United States of America at the end of the American Revolution was the need to create a tax system. The national debt, at that time, was mainly financed by the country of France.


How did Louis xiv bring disaster to France?

Louis XIV ascended the throne while there was a financial crisis. The nation was in this crisis because of the Seven Year War and it's involvement in the American Revolution. Since the nation was in debt Louis raised taxes which made it so bad that disease and malnutrition caused the populace to revolt.


What happened during the 1980s and 1990s?

During the 1980s and the 1990s, there was a savings and loans crisis in the United States and grunge and techno music made an appearance. There was also a word debt crisis at this time.