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Betty Wilderman

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Continue Learning about General History

Who provided the most money to the us during the revolutionary war?

It was France that helped fund the United States. It also caused economic problems in France for the ruler who donated the money.


What was the us currency in 1776?

In 1776, the United States did not have a standardized currency; instead, various forms of money were used, including British pounds, Spanish dollars, and other foreign coins. The Continental Congress issued the Continental Currency to fund the Revolutionary War, but it quickly depreciated due to lack of backing and rampant counterfeiting. Additionally, colonies and states issued their own paper money and coins. This lack of a unified currency system contributed to economic instability during that period.


Why did the french offer to sell Louisiana to the United states?

Napoleon, the leader of France, decided to sell Louisiana so that he could use the money to fund a war against Europe. France had recently spent a lot of money fighting against a slave revolt in Haiti, and Napoleon saw selling Louisiana as an opportunity to replenish France's money so that he could afford the new war.


Who helped fund railroad construction?

The government pitched in resources and money to help fund the railroads. Also, the public sector helped in general.


In 1788 the united tsates had many large debts and an empty?

In 1788, the United States faced significant financial challenges, including large debts incurred during the Revolutionary War and a lack of a stable revenue system. The government struggled to pay its creditors and fund essential services, leading to economic instability. This situation prompted discussions about a stronger federal government, ultimately resulting in the drafting of the U.S. Constitution in 1787 to address these issues and establish a more effective financial framework.

Related Questions

Who provided the most money to the us during the revolutionary war?

It was France that helped fund the United States. It also caused economic problems in France for the ruler who donated the money.


What did nixons new federalism establish?

It gave federal money to states to fund social programs


The united states congress was able to effectively fund the war because?

The Confederate States of America was also called the CONFEDERACY and during, the Confederacy's early attempts to raise funds centered on printing money.


Where can you get free money to fund your education?

You can find a huge selection at wowhobbies.com. These are quite expensive and you can expect to pay at least $400 for one of these.


In the US, who issues papers to fund the money market?

In the United States, federal, state and local governments all issue paper to meet funding needs States and local governments issue municipal paper. US Treasury issues Treasury bills to fund the US public debt.


What did Federalism establish?

It gave federal money to states to fund social programs


A list of presidents that borrowed from the social security fund and what they borrowed the money for or what they funded with it?

No President has borrowed money from Social Security. Only Congress can authorize borrowing money. Art. 1 Sec 8- The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and generalWelfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States; To borrow money on the credit of the United States;


What did Nixon's federalism establish?

It gave federal money to states to fund social programs


Why did the US economy become much more reliant on money in the late 1800s than in previous times?

The United States became more reliant on money in the late 1800's than in previous years because of the Civil War expenses. The need for money to fund the war led the United States to start imposing income tax in 1862. Then, after the Civil War, there was a need for money to rebuild the South.


What was the us currency in 1776?

In 1776, the United States did not have a standardized currency; instead, various forms of money were used, including British pounds, Spanish dollars, and other foreign coins. The Continental Congress issued the Continental Currency to fund the Revolutionary War, but it quickly depreciated due to lack of backing and rampant counterfeiting. Additionally, colonies and states issued their own paper money and coins. This lack of a unified currency system contributed to economic instability during that period.


Is national funding working capitol relief funds a scam?

The Working Capitol Fund is not a scam. The fund is run through the federal government of the United States.


Was the Reserve Fund the first money market mutual fund?

The Reserve Fund was the first money market mutual fund