List at least 3 domestic challenges that the nation faced under President Adams. Describe the effect they had on the nation at the time and determine if the challenge was social, political, or economic.

What type of challenge? Challenge and Effect

The young country had severe financial problems. There were both domestic and foreign debts from the war, and the issue of how to raise revenue for government was hotly debated. Treasury Secretary Alexander Hamilton laid plans for governmental financing via tariffs, or surcharges on imported goods, and a tax on liquor.

Explanation:

The young country had severe financial problems. There were both domestic and foreign debts from the war, and the issue of how to raise revenue for government was hotly debated. Treasury Secretary Alexander Hamilton laid plans for governmental financing via tariffs, or surcharges on imported goods, and a tax on liquor.

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