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During the American Revolution, money was a significant issue as the Continental Congress struggled to finance the war effort. The lack of a stable currency led to rampant inflation, undermining the value of paper money issued by the Congress. This financial instability caused hardships for soldiers and civilians alike, as they faced rising prices and scarcity of goods. Additionally, the colonies relied heavily on loans from foreign nations, which created long-term debt challenges post-revolution.

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AnswerBot

1d ago

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