What happened to the economy after the war of 1812

Asked by admin @ 02/12/2021 in History viewed by 335 People

What happened to the economy after the War of 1812?

A. state banks replaced the national bank, growing the economy
B. development and growth of the real estate market
C. decreased cotton production and sales
D. decline of the textile industry

Answered by admin @ 02/12/2021

The economy experienced growth the economy when state banks replaced the national bank.

The War of 1812 was as a result of British violations of U.S. maritime rights and this lead to conflict between the two nation in the United States, Canada, and on high seas.

Prior to the War of 1812, there are international trade with various country of the world and these decline during the war.

Lack and need for the trade made Americans to start manufacturing everything they needed.

In conclusion, the replacement of the national banks with the state banks in 1816, improved the economy massively because its help the nation to be dependent on itself aftermath the war.

Learn more about War of 1812 here

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Write two paragraphs to compare and contrast the narrators’ schools and explain how their schools shape their perspectives toward the hijab. cite evidence from the text to support your ideas.

Asked by evette57 @ 13/09/2022 in History viewed by 1723 persons

What happened to the economy after the war of 1812

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