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How did the drop value of the Continental affect the American economy?
Look in your book
How did the drop in value of the Continental affect the American economy?
Look in your book
What phase not worth a continental referred to?
The phrase "not worth a continental" refers to the Continental Congress's currency issued during the American Revolutionary War, which quickly depreciated and became almost worthless due to lack of backing and rampant counterfeiting. This expression signifies something of little or no value, drawing from the historical context of the failed currency. It highlights the challenges faced by the early American government in establishing a stable economy.
How can the value of the American dollar be raised?
Well we have to wait until the economy is better..
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.
What is the role of finance in an economy?
finance represents the funds in exchange of anything with value. It greatly affect the economy because finance is one of the factors to be considered in determining the level of an economy. Economy is said to be futile without finances.
What is the value of the American dollar in Norway?
given todays economy; 1 dollar=4,50-7 kroner
How does increase in value of pounds affects aggregate demand?
how does increase in value of pounds affects sterling affect american businesses?
How do exchange rate affect businesses?
The local economy will be higher raising on inflation and the value of currency of the price will be in intrest rate as decreasing.
How does an increase in the value of the pound sterling affect American business?
It will not effect the national US market
What does the phrase Not worth a Continental mean?
It refers to the money that was issued during the American Revolution. Because it had no backing in hard currency, inflation set in, the continental dollar fell in value, and became worth very little.
What are challenges for South American countries?
Continue in the direction of growth to the value of domestic products and a conscience-oriented market economy
