Question

What contributed THE MOST to the financial problem of Texas: Texas gained a sizable (large) amount of _______________ from loans (borrowing money) to pay for running (aka administering) the government

Answer 1

The financial problems of Texas can be largely attributed to the sizable amount of **debt** incurred from loans taken out to pay for running the government. This debt was accumulated during the early years of Texas as an independent republic, and it was exacerbated by the costs associated with military engagements, infrastructure development, and other governmental expenses. The reliance on borrowing to fund these initiatives ultimately led to significant financial instability and challenges for the state's economy.