Question

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

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

Answer 1

E is the correct answer

After the Revolution, America faced a "cash crunch" for a variety of reasons, but the best option from this list is that there was a rising trade imbalance with Britain.

I took the test and got 0 incorrect.

Answer 2

the key reason for the post war cash crunch in america is : C. Rising inflation and unemployment

The cost of war created a high inflation in the country which make a lot of companies run out of business