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.
Answer:
Explanation:
Below are some of the important dates that led to the creation of the Constitution: 1775 — The Revolutionary War between the Colonies and Britain begins. 1776 —Declaration of Independence written; the 13 colonies become the 13 states, but are not yet united under one central government. To set up government guidelines, set up a military, and make laws.
