121k views
5 votes
Did the american revolution leave congress in debt

User Nonsleepr
by
5.4k points

1 Answer

0 votes
The American Revolutionary War inflicted great financial costs on all of the combatants, including the United States of America, France, Spain and Great Britain. France and Great Britain spent 1.3 billion livres and 250 million pounds, respectively. The United States spent $400 million in wages for its troops. Spain increased its military spending from 454 million reales in 1778 to over 700 million reales in 1779.

User John Fable
by
5.9k points