burnsemily958
burnsemily958 burnsemily958
  • 13-11-2020
  • English
contestada

Why did the value of paper money decrease after the Revolutionary War?

Respuesta :

gtfbrhnjdmk
gtfbrhnjdmk gtfbrhnjdmk
  • 13-11-2020

Answer: This depreciation was caused by the government, stemming from the printing of large amounts of currency, in their effort to meet the monetary demands of the war. Additionally, British counterfeit gangs contributed further to the decreased value.

Explanation:

Answer Link

Otras preguntas

A comet is cruising through the solar system at a speed of 50,000 kilometers per hour for 4 hours time. What is the total distance traveled by the comet during
The most common map projections are based on three geometric shapes. Which of the following geometric shape is not one of the three geometric shapes
what is the weight in grams and ounces
What is the species of pelagic biome?
The graph below represents the solution set of which inequality
which list best represents the animal icons used in early Christian art? A - dove, fish, and lamb B- dove, lamb, and camelC- lamb, camel, and fish
Why was history so important to the Greeks?
how many grams of oxygen is needed to completely react with in a 9.30 moles of aluminum
10 examples of material/tangible values
−4 4/5 ÷ 4 A.​ −1 1/5 ​ ​​ B. −4/5 C. 4/5 ​​ D. 1 1/5