During this time the paper money was not backed by anything such as gold or silver. In addition to this the colonies simply printed more money to pay for things which led to an enormous rise in the amount of currency in circulation which led to massive deflation. This massive deflation led the value of currency to plummet during the Revolutionary War.
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- d
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langka,malungay,santol please clarify the pic is a bit blurry
Explanation:
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The massacre at Wounded Knee in 1890 occurred in response to "<span>d. the discovery of gold at Pike’s Peak" since this was the main reason why settlers were there, although this was not exactly a "response". </span>