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What paper was issued by the government to raise money in World War 1?
bonds were issued by the government to raise money during WW1
When and who issued the first paper currency?
The first known paper currency was issued in China during the Tang Dynasty in the 7th century. It was introduced by merchants and eventually adopted by the government to facilitate trade.
What is inconvertible paper money?
money that can not convertible into the Gold and Silver like paper and coins money issued by Government.
What was the name of the paper money the government issued because of its color?
bonds
When paper money was first printed by some states it wa?
When paper was first printed, the states were still colonies. The colonies released the paper money and called them bills of credit. They were issued by the government and then citizens used them to pay their taxes.
When was the first paper money issued by the gov't?
1690
Who we're the first people to use paper money?
The first people to use paper money were the Chinese during the Tang Dynasty in the 7th century. The government issued the world's first official paper money to reduce the need to carry heavy metal coins.
Under the the federal government issued paper money?
B. legal tender act
What is paper money issued by the government called?
Fiat money. This is money that has no tangible value. An alternative is gold, which in itself has tangible value.
After the South seceded from the Union the Confederate government issued over one billion dollars in .?
paper money
After the South seceded from the Union the Confederate government issued over one billion dollars in?
paper $$$ - AnDrea C. chheeaaa!
When paper money was first printed what was it backed by?
the government
