38.1k views
5 votes
Why did the central government under the Articles of Confederation find it difficult to pay off debts to its allies from the American Revolution?

User Stukelly
by
8.4k points

2 Answers

4 votes

Answer:

The central government did not receive money in the form of taxes.

Step-by-step explanation:

User Praveen Kalal
by
8.0k points
6 votes
For starters there was:
-Post war economic depression
-There were debts to pay to France and the Netherlands which had helped finance the American revolution and pay back owed $ owed to soldiers in Conintential army
-If you don't pay back debts, trusts are lost
-the Congress of the US lacked power to tax or enact tariffs so they couldn't pay back debts
User George Aprilis
by
7.7k points

No related questions found

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