palomaaca826
palomaaca826 palomaaca826
  • 26-01-2021
  • History
contestada

Why did the colonies have problems with their currency?

Respuesta :

d98625
d98625 d98625
  • 26-01-2021

Answer:

Colonies had paper money, but its worth was amost nothing due to the colonies printing too much of it.  Also the printed money wasnt backed by gold or silver and with those two factors it made the money nearly worthless.

Explanation:

Answer Link

Otras preguntas

In what way was the Islamic expansion into India similar to the way Islam expanded in other areas? Islamic expansion into India was facilitated by both Islamic
The Thirteenth Amendment was an extension of the policy begun by which of these? (A) the Compromise of 1850 (B) the Anaconda Plan (C) the Civil Rights Act of 18
Liberal leaders wanted to change new deal programs by
Using the completing-the-square method, rewrite f(x) = x2 + 4x − 1 in vertex form.
According to the World Bank (WB), what is the requirement to be in the "developing nation" category? A country must be classified as low-income. A country must
How do we precisely measure the standard of living in a nation or economy?
why does the complex characters in shakespeares plays appeal to a wide audience
What is five and one hundred four millionths in decimal place value?
what is 50.100 in simplest form?
Which of the following statements best explains white Southerners' motivation for working to disenfranchise African Americans voters? (A) Few emancipated slaves