answersLogoWhite

0

Why are individuals states defined the currency power?

Updated: 8/21/2019
User Avatar

Wiki User

10y ago

Best Answer

tits

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why are individuals states defined the currency power?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

The Framers based their decision to deny the States the currency power on?

The Articles of the Confederation is what the framers based its decisions to deny currency power. currency power is the ability to regulate money.


What is the currency power?

The currency power is one of the powers given to Congress in the United States government. Congress has the power to coin money and authorizes the Treasury to print a standard form of currency.


What did the newly formed states give the continental congress the power to do?

issue a national currency


What are individual states denied the currency power?

Individual states in the U.S. are denied currency power, meaning that they are obligated to use federal currencies. This is to make sure that states are on a level playing field and that money can be spent from state to state throughout the country.


The farmers based their decision to deny the states the currency power on?

Their experiences under the Articles of Confederation


Why are individual states denied currency power?

There are many reasons, but the most compelling reason is that if states could print their own currency there would be chaos with not only interstate trade, but also international trade. This is why 16 countries in Europe use a common currency - the Euro.


Who had more power under the Articles the nation government or the states?

the national gov. had too much power in some areas and the states had to much power in others. for example, the states had the power to print their own currency, which led to confusion for travelers because they had to stop and trade one states coins for anothers.


Who had more power under the articles the national government or the states?

the national gov. had too much power in some areas and the states had to much power in others. for example, the states had the power to print their own currency, which led to confusion for travelers because they had to stop and trade one states coins for anothers.


Who had more power under the articles the national governments or the states?

the national gov. had too much power in some areas and the states had to much power in others. for example, the states had the power to print their own currency, which led to confusion for travelers because they had to stop and trade one states coins for anothers.


Who had more power under the Articles of the nation the national government or the states?

the national gov. had too much power in some areas and the states had to much power in others. for example, the states had the power to print their own currency, which led to confusion for travelers because they had to stop and trade one states coins for anothers.


Why did rush want the states to surrender their power of emitting money?

So that a uniform currency would be produced that would facilitate trade.


The power of the government is defined by the?

the power of the government is defined by the