answersLogoWhite

0


Best Answer

States are not allowed to print money because the economy falls under the national government. If every state printed its own money, it wouldn't be worth the same from state to state.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why are states not allowed to print money?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

States are not allowed to borrow money?

False, states are not allowed to print money


Which of these are the states not allowed to do print money enforce laws charter banks tax?

Print Money A+ -Chantel Lucero


Which branch can print money?

The United States Department of the Treasury is the branch of the government that is allowed to print and mint all currency. This department was established in 1789 to manage government revenue.


What were the two problems the US had with its money during its early history?

Not enough of it, and every state was allowed to print their own before the Constitution (which forbids states from coining money) was written.


What were two problems the US had with its money during its early history?

Not enough of it, and every state was allowed to print their own before the Constitution (which forbids states from coining money) was written.


Who is only allowed to coin and print money?

The Department of the Treasury


Does a casino have the authority to print money?

No. The constitution reserves the power to print money to the United States Congress.


Can each state printed its own kind of paper money?

No, only the federal government has the authority to issue currency in the United States. Each state is not allowed to print its own kind of paper money.


Are states allowed to borrow money?

Yes


What were the weaknesses of the articlies of confederation?

The Articles allowed excessive freedoms within the states, such as allowing each state to print its own money, and these allowed freedoms prohibited the states from behaving as one country. The Articles, and the freedoms they permitted, created a lot of strife throughout the new states, and this strife was the impetus for the writing of the US Constitution.


Is there a new Washington state two dollar bill?

No. States can not print money.


What constitutional principle explains these contrasting powers Congress can print money but not issue licenses States can issue licenses but not print money?

FederalismFederalismFederalismFederalismfederalismthe answer is C federalism