The North American phase of the larger Seven Years War, began after a series of incidents in the upper Ohio River valley. the French and Indian claimed it as their territory
Ruby Bridges, she was the first child to integrate an all white school in the South.
Problem with using commodity money in the us colonies prior to 1700 Very few people were willing to accept commodities as payment.
British creditors feared charge in a currency of such fluctuating cost and to alleviate their fears the colonies have been prohibited from printing more paper cash. This brought about the cost of current paper money to plummet. This jolted a colonial economic system already suffering a surge in populace and could not be contained.
Colonial people complained that gold and silver coins were chronically scarce. those coins could be received simplest thru importation. Given unrestricted change in specie, marketplace arbitrage must have eliminated continual shortage.
Commodity cash is money whose fee comes from a commodity of which it's miles made. Commodity cash includes gadgets having cost or use in themselves as well as their value in shopping for items.
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