How did most Americans want the new government to handle the debts incurred by the nation in the winning of independence?

A) They believed the government should repudiate those debts.
B) They believed the domestic debt should be paid in full but the foreign debt repudiated.
C) They believed all such debts should be paid at face value.
D) They believed the foreign debt should be paid in full but the domestic debt repudiated.

Question

Kayla Campbell STUDENT · Accepted Answer

Final Answer : C, Explanation :  Most Americans believed that all debts incurred by the nation in the winning of independence should be paid at face value. This belief was important in establishing the credibility of the new government both domestically and internationally.

Definitions

Learning Objectives

Learning Objectives

Related questions