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During the critical period did the states print their own money?
Yes. During the critical period (1783 - 1793) following the Revolutionary War and until George Washington became president, states issued their own paper money. Most of this money was nearly worthless.
Who in the Revolutionary War fought for money?
British I think but not sure
Why was early American currency a mixture of forms of money?
why was early American currency a mixture of forms of money
What was the cause of inflation in the new nation and how could it been prevented?
To ease this hardship, some states began printing large amounts of paper money. The result was inflation. This money had or no real value, because states did not have gold or silver reserves to back it up. They could have prevented it by if the Revolutionary war had not started they wouldn't have had inflation.
Why was the government of the new United States so far in debt after the Revolutionary war?
The United States was in severe debt for several reasons. The biggest reason of all was because no single currency existed. Each state had their own currency and there was no way to determine which had value over which. The next problem would probably have to be the fact that it was a brand new country, meaning that even if there was a single currency how would it have held up against the pound or the franc?
Where did the United states get money to fund for the Revolutionary war?
it is the confiscation
Did the British use counterfeited money during the revolutionary war?
Yes. The British issued counterfeit Continental money during the Revolutionary War.
What was paper money called during the revolutionary was?
confidential money
During the critical period did the states print their own money?
Yes. During the critical period (1783 - 1793) following the Revolutionary War and until George Washington became president, states issued their own paper money. Most of this money was nearly worthless.
What was money called during the revolutionary war?
gold
Who provided the most money to the us during the revolutionary war?
It was France that helped fund the United States. It also caused economic problems in France for the ruler who donated the money.
Which was one of the economic problems that the United States was facing during the 1790s?
The federal and state governments needed to repay money they had borrowed to pay for the Revolutionary War
What was a British advantage during the revolutionary was?
They had a navy, more money, and more men.
Why did the government borrowed large amounts of money during the revolutionary war?
War costs a lot of money. They are not free.
How did the US government borrow money from individual citizens during the Revolutionary War?
bonds
What was a British advantage during the Revolutionary War?
They had a navy, more money, and more men.
What did France do in the Revolutionary War?
they aided the United States by giving them weapons, money, soldiers, etc.
