1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
andrew11 [14]
3 years ago
5

The colonists used various strategies to increase funds for the American Revolution. For example, the A.____ started producing i

ts own money to pay soldiers for their service. This money was in the form of B._____. Without enough gold and silver, Congress couldn’t back up its currency. Every time they printed more money, the value of each note decreased, causing C. _____.
A.

1. American Militia

2. Continental Congress

3. Sons of Liberty


B.

1. Paper Notes

2. Precious Stones

3. Gold Coins


C.

1. Conflation

2. Deflation

3. Inflation
History
1 answer:
yawa3891 [41]3 years ago
6 0

2. Continental Congress

1. Paper Notes

3. Inflation

Explanation:

  • During the Revolutionary War, in order to finance the army led by General George Washington, the Continental Congress approved in 1775 the unlimited issuance of paper money, known as the "Continental".
  • Because they were out of cover, they soon became worthless. Since then, there is even the phrase "Not worth a continental" in America .
  • With the signing of the Declaration of Independence, the word "United States" appeared on paper money for the first time, but because of the demise of the Continental, people were suspicious of that money.
  • That is why the Continental Congress established the Bank of North America, the first commercial bank in Philadelphia in 1781, and introduced the dollar as a national currency four years later to replace those in the individual colonies. The dollar was forged in silver.

Learn more on Continental Congress  on

brainly.com/question/897512

brainly.com/question/321588

brainly.com/question/324881

#learnwithBrainly

You might be interested in
Why did some groups living in American give women a significant amount of power
Soloha48 [4]

Answer:

Explanation:

They belonged to groups with a matrimonial culture. In matrimonial culture, the last name and inheritance of the family is determined through the mother's lineage. This mean that in such culture, women played a larger influence and had considerably more power compared to the male counterpart in the family.

3 0
3 years ago
What led to the Emancipation Proclamation?
Studentka2010 [4]
1, 1863, three years into the war. ... Now the war was about ending slavery, which led to the tide changing in favor of the Union under the leadership of Ulysses S. Grant. The Emancipation Proclamation didn't free all slaves, just those living in Confederate states. Hope that helped!!
4 0
3 years ago
1 point
siniylev [52]

Answer:

President Harry Truman

Explanation:

President Harry Truman, who insisted on free elections for Eastern European countries

6 0
2 years ago
Read 2 more answers
During the Gilded Age, people who worked in factories had only moderate health benefits in case of accidents. had to work long h
UkoKoshka [18]

The answer should be

B. They had to work long hours

8 0
3 years ago
Read 2 more answers
How have ancient principles influenced the development of American government?
AleksAgata [21]
The ancient principles influenced the development of the American government with principles, these principles are popular sovereignty, limited government, separation of powers, checks and balances, judicial review, and federalism.



7 0
2 years ago
Other questions:
  • How did the administration that took office in 1797 come to have a Federalist president and a Republican Vice President?
    11·1 answer
  • Describe the multiple groups and leaders that emerged in the fight for the Progressive agenda, including women’s rights, African
    10·2 answers
  • This depiction of Mansa Musa, the ruler of Mali, could be an example of syncretism because
    15·2 answers
  • What is an example of bipartisan action
    10·2 answers
  • What killed most soldiers during the civil war?
    15·2 answers
  • How did German submarine warfare affect the outcome of WWI?
    8·2 answers
  • If a region is linguistically diverse, this means that it has a wide variety of __________.
    10·2 answers
  • What was the u.s government purpose for invading afghanistan passing the patriot act and creating the department of homeland sec
    6·1 answer
  • In market economy what generates the economy? What fuels the economy? Ex. Military spending, Agriculture, etc.
    10·1 answer
  • In 1962, President John F. Kennedy responded to the discovery of nuclear missiles in Cuba by​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!