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They faced multiple problems...though the main ones were national debt,and the arguments over Government power balance.
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.
The country actually prospered. New commercial businesses were developed and the country's government developed new jobs to develop national security.
Decreasing government spending.
all privately owned businesses were given up to the government
They faced multiple problems...though the main ones were national debt,and the arguments over Government power balance.
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.
One problem that the new federal government faced was that the large population was very hard to manage. The new federal government also had problems with jobs.
A system of bartering such as exchanging whiskey and other items they produced.
They faced multiple problems...though the main ones were national debt,and the arguments over Government power balance.
Some of the problems Alexander Hamilton (Secretary of the treasury) had to face were that the new government had to pay off their war debts,raising government revenues,and creating a national bank.
Dry weather condition, Poor economic conditions, Health problems, Lack of education, Crowd and over growth of population in some cities.
The biggest and most important issues the new federal government had to contend with were economic problems. The Revolutionary War debt was huge and individual states didn't feel they should be taxed to pay for it.
they face making friends, learning new langwiges, and learning new stuff in school
They had to face war. Slavery and stuff like that.
1.Paying off all war debts. 2.Raising government revenues. 3.Creating a national bank.jjj
The country actually prospered. New commercial businesses were developed and the country's government developed new jobs to develop national security.