What was a key reason for the post-war cash crunch in America?

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22-04-2015
History

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What was a key reason for the post-war cash crunch in America?

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HistoryGuyidn HistoryGuyidn · Answer 1 · 2015-04-22T10:37:48-04:00

HistoryGuyidn HistoryGuyidn

22-04-2015

The post-war cash crunch in America refers to the period immediately following the Revolution from Britain. The Americans had to borrow large amounts of cash to finance this, and had large debts especially to France. This meant they had to cut spending at home.

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