Crises seem to recur often enough in the history of economies that their role in facilitating or retarding growth and development is worth…

• Crises seem to recur often enough in the history of economies that their role in facilitating or retarding growth and development is worth investigating.  Identify and evaluate the origins and effect of one crisis in colonial America before 1790 and one crisis in the United States after 1790 (stop at 1830).  Explain why you have chosen the particular crisis, describe the nature of the crisis, and account for its resolution and impact on the economic growth process.

The Economic Crisis of the 1780sThe monetary issues confronted by the Congress profoundly touched the lives of mostAmericans in the 1780s. The war had disturbed a significant part of the American…