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court can pass by congress to be uncontitutional

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15y ago
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11y ago

impose taxes for others

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Q: What does currency allow congress to do?
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Why did the framers gives Congress the power to issue currency?

The framers believed that giving Congress power of currency was the best idea because Congress member were elected directly by the people.


What is the currency power?

The currency power is one of the powers given to Congress in the United States government. Congress has the power to coin money and authorizes the Treasury to print a standard form of currency.


What did the newly formed states give the continental congress the power to do?

issue a national currency


What was the national currency called that congress made in 1862 called in?

greenbacks


What paper pocket change was first authorized by Congress in the 1860?

Postal currency ;)


The most notable accomplishments of the Confederation Congress resulted in the?

establishment of a stable currency


What does the war powers act allow congress to do?

Allows congress to officaly declair war.


What does the elastic allows congress to do this?

What does the elastic clause allow Congress to do?It allows Congress to create laws or stretch laws which they think are necessary.


What was the currency that the continental congress during the Revolutionary War that was not blacked by gold and silver?

The dollar


What was it in the 1860's Congress authorized the use of postage stamps for change?

postal currency


What did people think about America having no national currency?

I am not sure what you want to know. Before independence, British currency was used in all the colonies and was the national currency. After independence, the continental congress coined money which was a national currency. People did not fully trust the new currency and British currency was used as well.


Where online is it possible to partake in currency trading?

There are a few places online that a person may trade in currency. Ameritrade, for example, may allow currency trading online. Other sites which have currency trading are Forex, Oanda, and Go Currency.