Question

@AnimeLover98
Which was one of the economic problems that the United States was facing during the 1790s?

The federal and state governments needed to repay money they had borrowed to pay for the Revolutionary War.





The federal government had no means to collect taxes to pay for government services.





The federal government had borrowed a substantial amount of money to build Washington, D.C. and had a large debt.





The federal government had a budget surplus and did not know how to spend its extra money.

Answer 1

The federal and state governments needed to repay money they had borrowed to pay for the Revolutionary War.