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Did paper money work well or not during the Revolutionary War. Why.?
Wiki User
∙ 13y ago
No it didn't. for a few good reasons:
1) The money was easy to counterfit
2) Congress made too much money. example: If everyone has 5 million $100 bills, the $100 bills aren't worth anything
3) Congress had very little to back up the money. Like we have gold to back up our money, congress didn't have that.
Wiki User
∙ 13y ago
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Hey here are some advantages- money, more men, well equipped soldiers, professional soldiers, AND, ships to carry supplies!
Who was the best blacksmith during the revolutionary war?
It may well have been Peter Townsend.
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By newspapers.
Did China invent paper money?
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How did Florida get involved into the Revolutionary War?
Florida served as a safe haven for loyalists escaping the fighting of the northern colonies during the Revolutionary War. The British evacuation of loyalists from St. Augustine is well documented.
What are facts about Chinese paper money?
they used it to well when they sold silk people would use paper money so there you have peeps paper money thank you thank you you've been a great.. well what ever by by
Does Egypt have paper or coins as money?
Egypt uses both paper currency as well as metal coins as money.
What 2 things did the colonists want from the french?
During the American Revolutionary War the colonists sought money as well as supplies from the French. This included troops, munitions, and Naval forces.
What advantages did the british have during revolutionary war?
Hey here are some advantages- money, more men, well equipped soldiers, professional soldiers, AND, ships to carry supplies!
What disadvantages did Britain have during the revolutionary war?
They didn't know the land they were fighting on as well.
Who was the best blacksmith during the revolutionary war?
It may well have been Peter Townsend.
What was the British aadvantage in the Revolutionary War?
Highly trained troops, modern weapons, well organized, money.
What do Haitian people call there money?
The money in Haiti are called Gourdes. They have paper money as well as coins, but they are called gourdes.
How does London money looks like?
the money has the queens head on the coin and the the paper note The money in the UK is not LONDON money....it is British money, and paper notes are changed every so often and have famous people on them, as well as the Queen
Was albert Einstein alive during the civil and revolutionary war?
No. He was not born till well after the Civil War.
What Advantages British have during Revolutionary War?
The British were well-equipped soldiers and had a large, powerful navy.
Why might people distrusted the value of paper currency issued by the continental congress during the revolutionary war?
Paper money has no intrinsic value and is easy to counterfeit. As a result, massive amounts of paper money were printed and distributed. The market had more money than goods and services, thus resulting in higher prices for goods and services, in the process it devalued the paper money.
