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Davy Crockett's family was in debt. What did Davy have to do to help his family get out of debt?

User Squid
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Final answer:

The reference provided does not specifically mention Davy Crockett's methods for helping his family out of debt, but explains that during economic hardships, families like Crockett's would often have to find additional work, sell assets, or take drastic measures to manage their debts.

Step-by-step explanation:

The question asks about how Davy Crockett helped his family get out of debt. While no specific actions of Davy Crockett regarding paying off his family's debt are detailed in the reference materials provided, the context can inform us about the common practices of the time. Being "land poor" was common among farmers and planters in the South who produced most of what they needed and often lacked available cash.

They purchased seeds and supplies on credit and paid off the debt with the income from their crops. During times of economic strain, such as post-war periods or financial crises, landowners faced increased difficulty in repaying debts due to reduced farm production and availability of supplies, as well as banks calling in loans, leading to bankruptcies and more stringent financial circumstances. As a result, individuals and families would have to work diligently, perhaps take additional jobs, or sell assets to cover their debts.

User Kamika
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