Recall the Application About Why the U

Multiple Choice

Recall the Application about why the U.S. federal government took over the debt of the state governments in the late 1700s to answer the following question(s) .
-According to this Application, when the states got into fiscal difficulties in the 1840s through overly ambitious infrastructure projects, the federal government

A) again bailed out all the states.
B) only bailed out the states which comprised the original 13 colonies.
C) bailed out only the northern states, but not the southern states.
D) did not bail out any of the states.