Question 11
What shape was the U. S. economy in after the Revolutionary War?

left the American economy with a mixed bag of benefits and disadvantages . Previous restrictions on trade and industry ended. As a result, an American merchant marine and manufacturing industry developed, especially in munitions and consumer products.

Explanation:

an expansion is one of two basic business cycle phases; the other is contraction. the transition from expansion to contraction is a peak, and the changeover from contraction to expansion is a trough.

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