Register

Why was the money issued by the Continental Congress of little value

Why was the money issued by the Continental Congress of little value
asked 168k views
2 votes
Why was the money issued by the Continental Congress of little value

asked
User Maets
by
8.3k points

2 Answers

1 vote

The money did not have enough gold and silver to back it up.

answered
User Ashkangh
by
7.9k points
3 votes
Because the continental congress had developed too much debt and the constitution had not been made yet so they had no true power to even issue money even if they could afford it.
answered
User Jrarama
by
8.1k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What goal of the constitution was also a goal of the Magna Carta?
is it true or false that after the american revolution conflicts in the northwest territory erupted between remaining british soldiers and native americans
Who made dutch claims in north america?
Link Copied!