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Inflation caused Congress to stop issuing paper money.
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∙ 9y ago
Wiki User
∙ 13y agoinflation
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What is a four-letter word for a problem cuased when congress borrowed money for war during the revolution?
Debt.
The depression of the 1870's led to increasing demands for?
Inflation of the money supply by issuing more paper or silver currency
What was a problem caused during the revolution when Congress borowed money for war?
Inflation happened. The value of the dollar decreased.
Money may be coined or printed only by?
the congress
Why was America in debt after 1783?
The obvious reason for the debt in 1790 was the expense of the Revolutionary War. The Continental Congress did not have the machinery set up to levy and collect taxes, so the war had to be financed by borrowing and issuing paper money that was not backed by gold or hard currency.
Which problem caused Congress to stop issuing paper money?
Inflation caused Congress to stop issuing paper money.
5 Which problem caused Congress to stop issuing paper money?
When studying history, it is important to understand the reasoning behind the choices of the men in offices. Congress stopped issuing paper money because of the problem with inflation.
How can you determine where a money order originated?
The issuing bank is always printed on the money order. There should be no problem determining where it originated.
What was one problem relating to allowing banks to issue money?
some banks were issuing more money than they had in gold and silver.
What was one problem related to allowing banks to issue money?
some banks were issuing more money than they had in gold and silver.
What was the result of Congress issuing silver-backed currency in 1890?
The value of the dollar dropped. The money supply increased. British lenders called in their loans.
What is a business enterprise that raises money by issuing shares of stocks?
A business that raises money by issuing shares of stock?
What is a four-letter word for a problem cuased when congress borrowed money for war during the revolution?
Debt.
The depression of the 1870's led to increasing demands for?
Inflation of the money supply by issuing more paper or silver currency
What is give money its value?
Money, especially paper money, is backed by the gold reserves of the issuing bank
Can money be printed by Congress?
yes money can be printed by congress
How corporations raise money?
by selling bonds and issuing stocks...
