A problem for the economy of the new nation was that:

A. Congress lacked the power to collect taxes.

B. wealthy Loyalists had left America.

C. foreign goods were cheaper to buy than American goods.

D. Congress could not print enough money.

Question

18 July, 23:39

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Austin Willis · Answer 1

C

Explanation: foreign goods were cheaper to buy than American goods, which caused several local businesses to close up shop

A problem for the economy of the new nation was that:A. Congress lacked the power to collect taxes.B. wealthy Loyalists had left America.C. foreign goods were cheaper to buy than American goods.D. Congress could not print enough money.