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
History · Middle School · Tue Nov 03 2020
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D. Texas was in debt.
Texas had accrued significant debts during its struggle for independence from Mexico. The new republic lacked the financial resources to address these debts effectively. This financial burden hindered the ability of the Texas government to invest in infrastructure, develop institutions, and stabilize the economy, leading to economic struggles in the early years of its independence.