The United States agreed to pay all of its pre-war debts to England.

True or False

True

Explanation:

Benjamin Franklin, John Adams, and John Jay were sent to France to discuss peace terms with the British. Long hours of debate preceded the agreed upon compromise. These agreements, called the "Peace Treaty of Paris," included the following points:

The United States agreed to pay all its pre-war debts to England.

The United States agreed all property seized from Americans who had remained loyal to the king would be returned to them.

England agreed to give the United States all the land east of the Mississippi River, except for Florida and New Orleans. This territory in the Ohio valley helped to double the size of the nation.

The most important agreement was that England now recognized the United States as a new and independent nation. The United States was no longer a group of English colonies but its own country.

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the installment plan of the 1920s, an arrangement that allowed people to buy what they wanted with a small down payment and pay off the rest in monthly installments, provided americans a way to own what they did not have the money to buy.