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What official types of money did people use in the US immediately after the revolutionary war?
Wiki User
∙ 8y ago
Everything. Literally. Everything. The financial state of the US was a complete train wreck. Different states printed their own money. The exchange rates were different depending on the state you were in. The new nation tried unsuccessfully to print a national currency, but it didn't work. They were in debt, terrible, terrible debt, and tried to print more money. It didn't work either.
The US did not start using the dollar until the early 1790s when Alexander Hamilton became Secretary of the Treasury, and successfully sorted out the entire US financial problem. But for the seven years after the Treaty of Paris the US' finance was in a terrible state indeed.
Wiki User
∙ 8y ago
Wiki User
∙ 16y agoPaper money paper money
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Who in the Revolutionary War fought for money?
British I think but not sure
How many states had their own forms of money during the revolutionary war?
There were no states during the Revolutionary War, there were only colonies.
How did the dutch help Americans in the Revolutionary War?
The Dutch gave America money to buy war-good for the famous 1700s 'Revolutionary war'.
Why did many farmers face growing debts after the revolutionary war?
Raised money and supervised finances of the war?
Robert Morris was the one who raised money and supervised the finances of the revolutionary war
What were the disdvantages of the Revolutionary War?
There were a few disadvantages of the Revolutionary War. The loss of life, the struggle of the people, and the lack of money and provisions were the disadvantages of the war.
Why was the invention of paper money so revolutionary?
The invention of paper money was so revolutionary because it allowed people a medium of exchange that was easy to carry and helped to create the current banking system.
Can congress tax people in the revolutionary war?
During the Revolutionary War, the Continental Congress had no direct taxing power. Money for the war had to collected from the governments of the 13 individual colonies.
What was paper money called during the revolutionary was?
confidential money
Did the British use counterfeited money during the revolutionary war?
Yes. The British issued counterfeit Continental money during the Revolutionary War.
How much money did Revolutionary Road gross worldwide?
Revolutionary Road grossed $79,564,960 worldwide.
Where did the United states get money to fund for the Revolutionary war?
it is the confiscation
How to use money that we get as a reward?
With money, most savvy people would save the money, rather than spend it immediately. Although, it's not our choice to make; save it or spend it.
Where can one find a money instructor?
One can find a money instructor from Money Instructor official website. Money Instructor is about educating young people on how they can manage their finances. The mission of money instructor includes making young people to understand money as well as investment.
How much money did Revolutionary Road gross domestically?
Revolutionary Road grossed $22,911,480 in the domestic market.
What was money called during the revolutionary war?
gold
What is the official name for Belize's money called?
The official name for Belize's money is the Belizean dollar.
