One reason why so many people distrusted the banking system during the Free Banking Era the first half of the 1800s, was because many banks did not have enough gold or silver to back the paper money they issued. The correct answer is C.
- The Stamp Act (March 1765)
- Townshend Acts (June-July 1767)
- The Boston Massacre (March 1770)
- The Boston Tea Party (December 1773)
- The Coercive Acts (March-June 1774)
- Lexington and Concord (April 1775)
- British attacks on coastal towns (October 1775-January 1776)
