Question

What economic problems did the new government face

Answer 1

The new government grappled with heavy war debts, a weak economy, high inflation, lack of federal authority to manage commerce, and trade barriers between states. Alexander Hamilton's financial policies aimed to stabilize the economy and strengthen central government power, which became a subject of political debate.

Step-by-step explanation:

The new government faced a myriad of economic problems after the American Revolution. These issues included a significant war debt, a weak economy with high inflation rates due to the devaluation of state and Continental paper money, and challenges with imposing tariffs and regulating commerce. Individual states operated autonomously, leading to trade barriers and lack of cooperation. The federal government lacked authority and resources to enforce economic policies or provide relief to citizens suffering from unemployment and debt. Additionally, Alexander Hamilton's strategies to address these economic challenges set the foundation for future economic growth and sparked debate about the role and power of the central government versus states' rights.

Answer 2

Assuming you're referring to the new United States government under the Articles of Confederation, the main problem they faced was that they had no power to tax the specific states--meaning that they had to way to pay back their war debt.