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Timothy21309 Timothy21309
  • 22-04-2015
  • History
Answered

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

Verified Answer :

HistoryGuy HistoryGuy
  • 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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