All of these presidents were in office during a war.
If Connecticut and Rhode island each have their own currency, then it would be more difficult to trade and enact federal monetary policy.
<h3>What happens if states have their own currencies?</h3>
If states like Connecticut and Rhode island had their own currencies, it would lead to a situation where trade between the two states is harder because the currencies would have to be converted before they are used to trade. This might reduce the volume of trade between the two states if the process is difficult.
Connecticut and Rhode island having their own currencies would also make it difficult for the Federal Reserve to enact a unified monetary policy that is based on the U.S. Dollar which would make it harder to manage the economy.
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They competed in various ways, but primarily militarily and through space. Each built its military up to best one another, especially through the development of nuclear weapons. Space aspects, each side was in a space race to develop better and better space technology, which also partially related to military missile development.
Psychologicaly, it was terrifying for people. You didn’t know if a war would start the next day. Nuclear drills were common, which didn’t help either.
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