Question

Summarize the purpose of the Currency Act.(1 point) Responses The Currency Act allowed Britain to better control the wealth of the colonies. The Currency Act allowed Britain to better control the wealth of the colonies. The Currency Act made it easier for the colonists to get by. The Currency Act made it easier for the colonists to get by. The Currency Act created a value system for paper money. The Currency Act created a value system for paper money. The Currency Act gave the colonists more access to gold and silver. The Currency Act gave the colonists more access to gold and silver.

Answer 1

The Currency Act primarily aimed to allow Britain to better control the wealth of the colonies by regulating the currency and limiting the use of paper money, thereby creating a standardized value system for currency in the colonies.