The Revolution spawned all of the following economic conditions EXCEPT
A) speculation and profiteering.
B) extensive borrowing by state governments that left them buried in debt.
C) runaway deflation.
D) the opening of new foreign markets.
E) unhealthy levels of high inflation that proved ruinous to many American citizens.

Question

Quizplus · Accepted Answer

The Revolution led to inflation, not deflation, as the government printed more money to finance the war, leading to a decrease in the value of currency.

The Revolution Spawned All of the Following Economic Conditions EXCEPT