Write a paragraph nintendogs the history of credit and debt in America. (giving brainliest)​

The US was born in debt. The earliest full reckoning of US national debt was compiled by Alexander Hamilton, the first US Treasury Secretary, who was sort of like the Nate Silver of his era--a self-taught economist.

The analysis dates to 1790 and puts the newborn US at around a 30% debt-to-GDP ratio, with the debt a bit higher than $75 million. Where did that debt come from? Well, the Continental Congress, the rough equivalent of the Federal government in revolution-era America, lacked the power to tax. It first tried to pay for stuff by printing money. This currency, known as the Continental, collapsed. The nascent US government also raised cash by borrowing under all sorts of authorities.

it was certainly a debatable decision, mainly because it was based primarily on political - and not on legal or social - views. since the congress at that time was led by members of the republican party, and the territory that the tribes wanted to turn into an exclusively indian state was predominantly democratic, the proposal (as expressed in the constitution) did not succeed, but the constitution itself proved to be of crucial importance in the creation of the state of oklahoma, and, most importantly, it guaranteed the involvement of representatives of the indian tribes in the government of the future joint state.  

as a member of congress, i would have voted to ratify the constitution, or at least to have it tabled. ignoring it was an interested and partial decision.  

barrio is a spanish word meaning neighborhood. in spain, several latin american countries and the philippines, the term is also used officially to denote a division of a municipality while a ghetto is a part of a city in which members of a minority group live, typically as a result of social, legal, or economic pressure. the term may have originally been used in venice to describe the part of the city to which jews were restricted and segregated.