Why did the economy of texas struggle when it became a republic (after independence)?

question options:

a. land was not available for settlers who moved to texas

b. texas outlawed slavery so there was a labor shortage

c. texas had so much land that it was tough to trade

d. texas was in debt

The correct answer is D. The economy of Texas struggled when it became a republic because Texas was in debt.

Explanation:

During the Texas Revolution, which took place from October 2, 1835 to April 21, 1836 and culminated in the independence of the Republic of Texas from Mexico, the Texan government contracted a series of loans to finance the struggle and provide arms and resources to its forces, which were provided by American banks. In addition, once independent, the Texan government began to issue bonds and debt securities that were acquired by European nations and, mainly, by the United States. The problem was that, at the time of maturity of these bonds and debt securities, the Texas government did not have the money to cover all the maturities. This situation led to a lack of financing from the Texas government, and was one of the reasons why the United States ended up annexing Texas to its territory.

abraham lincoln  (february 12, 1809  – april 15, 1865) was an american statesman, politician, and lawyer who served as the 16th  president of the united states  from 1861 until  his assassination  in april 1865. lincoln led the nation through the  american civil war, its bloodiest war and its greatest moral, constitutional, and political crisis.[2][3]  he preserved the  union,  abolished slavery, strengthened the  federal government, and modernized  the u.s. economy.

i think its 5! hope i