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What President invented the American money system?
thomas jefferson
What was the type of money system designed by Thomas Jefferson?
Thomas Jefferson advocated for a monetary system based on a gold and silver standard, often referred to as bimetallism. He believed this system would provide a stable currency, promote economic independence, and prevent the inflationary tendencies associated with paper money. Jefferson's vision emphasized the importance of hard money to uphold the value of currency and maintain fiscal responsibility in the young nation.
Why was Thomas Jefferson on the us nickel?
he loved money
Is Thomas Jefferson on any kind of money?
Jefferson is on the two dollar bill and the nickel.
What happened to Thomas Jefferson's personal library?
They were sold to congress for money
Did Thomas Jefferson buy lousisana purchase?
Thomas Jefferson was president when the Louisiana Purchase was made and he instigated it. Congress had to authorize the purchase and come up with the money.
Is thomas Jefferson on money if what kind?
Thomas Jefferson is featured on the United States nickel, which is a 5-cent coin.
Did Thomas Jefferson use federal money to send missionaries to the Indians?
yes
What specific role did Thomas Jefferson play in the American Revolution?
Jefferson, Franklin, and Adams were in France trying to get troops and money.
What was thomas jeffersons plan for government?
Thomas Jefferson had strong democratic views. This led him to set high taxes for wealthier people and put the money towards public school reform and the modernization of the legal system.
Why did Jefferson disagree?
Thomas jefferson disagreed that paying all states back would waste all money
What did john Adams Thomas Jefferson and benajmin Franklin contribute to the US Constitution?
money
