They faced multiple problems...though the main ones were national debt,and the arguments over Government power balance.
ENGLAND
wealthy loyalists had left america.
The biggest economic problem for Alexander Hamilton and his new government was recovering from the 54 million dollar federal debt arising from the Revolution. The states owed another 25 million. Confederate paper money was worthless.
analysis past data and formulat new ideas like incerse gdp and growing small business.
Hoover was not give the chance to solve the nation's economic crisis. He lost the election to Franklin Roosevelt. When an economic downturn occurs, people blame the president and vote for the opposition. They figure that a change is in order and Roosevelt capitalized on the situation, blaming Hoover and make wild promises to fix the problem. As often happens in such situation, a new Congress rode in on his coat tails and rubber-stamped all of his programs, even those that were unconstitutional.
Capitalism was a new economic philosophy that stated that a nation's economic strength depended on keeping and increasing its gold supply.
ENGLAND
the bank
they had no food there and a lot of people were sick.
alot of the people died
What problems faced new nation in Latin America?
wealthy loyalists had left America apex :)
wealthy loyalists left america
wealthy loyalists had left america.
wealthy loyalists had left america.
The biggest economic problem for Alexander Hamilton and his new government was recovering from the 54 million dollar federal debt arising from the Revolution. The states owed another 25 million. Confederate paper money was worthless.
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