What economic problem did he face from his predecessor?
Currency crash
Inflation
Debt crisis
Trade embargo
Answer
After his predecessor, John Quincy Adams, left office, James Monroe inherited a debt crisis, which was a major issue for the United States at the time. The country was still in debt from the War of 1812, and Monroe was faced with the challenge of finding a way to pay off the debt and put the country on a more stable financial footing.
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