While Robert Moris's tax proposal didn't take effect and the bank of north america did not resuciate the economy in the 1780's, the confederation still had the potential to obtain wealth through...
a) Sale of the huge territory ceded by Virginia, which in 1784 became the national domain
b) Stabilization of the economy with gold and silver
c) Borrowing from france and germany
d) Retiring the war debt
To answer the question, we need to analyze each option individually and determine which one(s) provided the Confederation with the potential to obtain wealth:
a) Sale of the huge territory ceded by Virginia, which in 1784 became the national domain: This option refers to the Northwest Territory, which was ceded by Virginia and became under the control of the national government in 1784. The Confederation had the potential to obtain wealth through the sale of this territory. The Northwest Ordinance of 1787 established a process for surveying and selling the land, which eventually generated revenue for the government.
b) Stabilization of the economy with gold and silver: While stabilizing the economy with gold and silver was certainly desirable, this option does not directly provide a means for the Confederation to obtain wealth. Gold and silver can help stabilize a currency, but they do not generate wealth on their own.
c) Borrowing from France and Germany: Borrowing money from foreign countries can provide short-term financial relief, but it does not necessarily contribute to obtaining wealth. It can, however, assist in funding government operations or paying off debts.
d) Retiring the war debt: Retiring the war debt, or paying it off, can help reduce financial burdens and increase the potential for wealth accumulation. If the Confederation were able to retire its war debt, it could allocate more resources towards development and investment, potentially leading to increased wealth.
Based on this analysis, the option that directly addresses the potential for the Confederation to obtain wealth is option a) Sale of the huge territory ceded by Virginia, which in 1784 became the national domain. This option provided the Confederation with the opportunity to sell land and generate revenue. Options b) and c) may help stabilize the economy or finance government operations, but do not directly contribute to obtaining wealth. Option d) is relevant for reducing financial burdens but does not provide a direct means to obtain wealth.