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Earn +20 ptsQ: What does currency allow congress to do?
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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
When was a dollar bill invented?
It was on August 8th, 1786 that the creation of the U.S. dollar bill began. It was under orders of Congress to start the process of creating this paper currency.
When did African Americans allowed to join the union army?
In 1862, Congress passed a law to allow African Americans to join the Union Army.
Why did people describe something without value as not worth a continental?
The continental was a currency issued by the Continental Congress during the American Revolution, which was essentially worthless since it was not backed by any concrete assets.
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