XxDuaxX
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  • 01-12-2017
  • History
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Why did the public debt go up significantly from 1812 to 1815?

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Djapo036
Djapo036 Djapo036
  • 01-12-2017
One of the main reasons financing the war proved difficult and costly for the United States is that few preparations had been made prior to a declaration of a war in June of 1812. Another factor was the dissolution of the national bank, the charter for which expired in 1811.
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