Jimmy Carter was the 39th president elected in 1976 and held office until 1980. He was part of the Democratic party. Additionally, in 2002 he won the noble prize for his advocacy and work in politics.
In 1763, the British government emerged from the Seven Years' War burdened by heavy debts. ... The result was that the British Parliament passed the 1764 Currency Act which forbade the colonies from issuing paper currency. This made it even more difficult for colonists to pay their debts and taxes.
