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What did the newly formed states give the continental congress the power to do?
issue a national currency
What individual problems did the original 13 colonies face?
The Thirteen original colonies had a number of problems. First was currency, as a colony they used British currency. During the war, the printed Continental currency to pay for the war. However, after the war, states began printing their own currency, causing confusion and inconsistency. The Constitution moved to stop states from printing their own currency and coinage. Sovereign power to the Thirteen Original Colonies led to confusion, demagoguery, and inconsistencies, this is why the Articles of Confederation failed. There was no presiding power that could regulate trade between the original colonies, or their trade to foreign countries. There was no system of settling disputes between the Thirteen Original Colonies. There was no power to tax the states or people to support the new government, and the Thirteen Original Colonies had dissolved into complete economic disorganization.
What was 5 shillings worth in US currency in 1950?
5 Shillings GBP in 1950 had the purchasing power of about £5.74 GBP today. 5 Shillings GBP in 1950 had the purchasing power of about $9.45 USD today.
What was the currency in the 1920s?
In France in the 1920s the currency was called the French Franc. In England the currency was called the Pound Sterling. As you can see you need to be more specific about which country's currency you want to know about.
What did the Cree Indians use as currency?
They did not have currency, they bartered.
