History

Princess Joseph

6 May, 18:12

Question 10

Why did the early United States struggle to maintain economic stability?

A

As working conditions in major industries continued to decline, the country experienced widespread strikes and boycotts that disrupted production.

B

Due to a shortage of valuable natural resources, the country was reliant upon an underdeveloped manufacturing sector to achieve economic growth.

C

Due to British efforts to discourage trade with its former North American colonies, the country was unable to gain access to foreign markets in which to sell goods it produced.

D

As the government under the Articles of Confederation had lacked the power to collect taxes, the country struggled to repay the debt amassed during its war for independence.