The system of money in America between 1776 and 1789 was a hodgepodge.
It consisted of British, French, Continental, and Spanish currencies,
and base metals or gold and silver. After Spain entered the war on the
side of the United States, the standard currency became the Spanish
dollar. Still, other currencies were accepted. After the war ended, The
United States went on a gold standard and the government stopped issuing
paper currency, but individual banks issued paper currency.
They started to wash all the pay dirt to find the gold
Answer:
Pool
Explanation:
Given that pool is a term in business that is used to describe a form of the agreement made by the members of the pool with the fundamental purpose of retaining powerful control over prices. It involves producers of similar products that wish to standardize the product prizes.
Hence, in this case, a POOL is a group of businesses that make an informal agreement to cooperate in controlling a market or industry.
Answer:
Most were located in the Northeast because merchants there had money to invest in new mills. Also, this region had many rivers that provided a reliable supply of power. In the South, investors concentrated on expanding agriculture.
