Asked by Amanda Smida on Jul 02, 2024
Verified
What happened to the U.S. economy in the years following the America Revolution?
A) It remained relatively stable.
B) Restrictions on West Indies' trade decreased farm income.
C) The economy flourished because France and Spain reduced high duties on Caribbean trade.
D) Port cities especially profited and their economies continued to grow at a high rate.
West Indies' Trade
Trade activities that involve the exchange of goods and services between the West Indies and other parts of the world.
- Evaluate the economic consequences of the American Revolution on the new nation.
Verified Answer
HM
Harbans Mahal7 days ago
Final Answer :
B
Explanation :
Following the American Revolution, the U.S. economy faced challenges, including restrictions on trade with the British West Indies, which decreased farm income by limiting the markets for American agricultural products.
Learning Objectives
- Evaluate the economic consequences of the American Revolution on the new nation.