Explain how public debt became an issue prior to the annexation of Texas. (1 point)
Texas started off in debt and continued by taking loans and printing more money to make
ends meet.
Texas traded land for money owed with the Compromise of 1850, leaving it with less land to
trade to get out of debt.
Texas owed Mexico a lot of money for allowing Texas to break free.
Texas received a charter to open a bank prior to the start of the Texas Revolution, which
created more debt for the state