126k views
20 votes
What economic problems did the Americans face in financing the war?

User Lovey
by
8.2k points

1 Answer

6 votes
Congress ran out of silver and gold so they borrowed money by selling bonds to American investors and foreign governments. They also printed a lot of money that caused inflation, or the raising of prices
User Artejera
by
8.2k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.