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Ugo [173]
3 years ago
8

True or false The Continental Congress authorized the printing of paper money, or currency.

English
1 answer:
nalin [4]3 years ago
8 0

Answer:

Explanation:

The earliest paper money authorized by a government in the Western world was issued here in America, in the Massachusetts Bay Colony, in 1690. ... Franklin, Hall, and Sellers printed paper money out of the same shop for Pennsylvania, Delaware, Maryland, and New Jersey, as well as the Continental Congress.

On 22 June 1775, it approves the first release of $1 million in bills of credit (paper currency). Issued in defense of American liberty, Congress authorizes the printing of another $1 million in July. (By the end of 1775, Congress will authorize a total of $6 million bills of credit.)

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