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.
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Answer:
It is the shortest trade link between Europe and countries on the Indian and Pacific oceans.
Answer:
Because congress thought it was wrong? Im sorry im really bad lol... jus trying to help
Explanation:
Here are the answers of the given question above.
North America was so valuable and desired by both the French and the English because North America was critical for the global authority of England. William Pitt was the one who made North America become important to other party's territories. His strategy focuses on the naval warfare and also the conquest of North America.
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