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What economic problems did the new government face ?

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W0lf93
The economic problem that the new government faced was the new government was in great boundless debt. They have an outstanding balance of $40.4 million to the United States citizens, and $11.7 million to foreign countries, and $25 million to the states.
saadhussain514

The economic problem that the new government faced was the new government was in great boundless debt. They have an outstanding balance of $40.4 million to the United States citizens, and $11.7 million to foreign countries, and $25 million to the states.

Explanation:

There were many international problems encountered by the new nation in the 1790's. The Revolutionary War modeled an immense economic deficit for the country. The paper money that was announced during this period was almost worthless. Britain violated its peace treaty and occupied apart of the country. Spain did not acknowledge the new nations boundaries. They faced multiple problems.though the main ones were national debt and the reasons over Government power balance.


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