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OpenStudy (lilmama21143):

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

OpenStudy (lilmama21143):

A) decline in the American manufacturing industry B) France’s demand for repayment of America’s war debt C) rising inflation and unemployment D) decline in American imports from Britain E) rising trade imbalance with Britain

OpenStudy (josiegonzalez):

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.

OpenStudy (lilmama21143):

so the answer is....

OpenStudy (lilmama21143):

@Josiegonzalez

OpenStudy (josiegonzalez):

E I believe

OpenStudy (lilmama21143):

alright thanks. I asked because i didnt really know what it meant lmao

OpenStudy (josiegonzalez):

Lmao oh but your welcome 😂

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