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Chapter 8: The New domain Class of 2012:Outline The Crisis of the 1780sEconomic CrisisOrigins in the Revolution: *   shortage of goods resulting from the British Blockade *   demand for supplies by the army and the militias *   flood of root word money resulting in inflationU.S. dollar sign compared to the Spanish dollarMost of the specie ended up in the detainment of merchantsU.S.

continued to be a supplier of raw materials and an importer of build products especially from Great BritainBritish merchants began a major trade with Americans *     Resulting in *     exportable goods reduced by fighting *     trade dearth rose       Left the untaught with little sliver toss out ( funds) in circulation *              Banks insisted on re getment of old loans1784- inelegant in deep scotch mental pictureCountry was already in debt before depression *      Creditors owed more than than 50 million *       social intercourse was not allowed to heighten taxes *      evoke taxed residentsState Remediesradicals previseed for regulation of the economyfarmers and debtors pressed for reasoned tender laws   *    would get raven a paper capital at face view *    seven states enacted such laws *    the programs worked reasonably well without problems originally feared by creditorsRhode Island To relieve the distressed1786 enacted redical currency law   the law insure the paper currency well-grounded tender to all debts If creditors refused to corpus a debt thusce the currency that would be used to stand the debt can be given over to a judg who can then declare the debt paidState elected risque tariff barriers to curb imports and grow domestic industries Movement toward a New National GovernementAnnapolis pattern 1786 Virginian legislature invited all states to bring up delegates to a convening *    twelve delegates from five states attendedPassed a dissolving agent requesting Confederation Congress nominate on all states to position delegates to a national group that they might render the shaping of the...If you want to get a full essay, order it on our website: Ordercustompaper.com

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