asked 168k views
25 votes
Using the term INFLATION, explain what happened when Congress printed too much money paper to finance the Revolutionary War.

asked
User Tanaz
by
7.7k points

1 Answer

10 votes

Answer:

When a material is overproduced, it causes its value to either go way down, or the value stays the same, but the prices for everything skyrocket. This is known as inflation, and was seen all over the world during the Industrial Revolution.

Step-by-step explanation:

answered
User Wolmi
by
7.3k points

No related questions found

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