Responses
Expeditions were sent to the West in search of gold and silver to back the new paper money.
Expeditions were sent to the West in search of gold and silver to back the new paper money.
Trade became complicated because states printed their own currencies.
Trade became complicated because states printed their own currencies.
Congress began to sell sections of land in the Northwest Territory.
Congress began to sell sections of land in the Northwest Territory.
Foreign countries demanded repayment of their war loans from the government.
1 answer
The correct response is:
Trade became complicated because states printed their own currencies.
The loss in value of the Continental dollar led to inflation and a lack of trust in the currency, prompting individual states to issue their own paper money. This situation complicated trade and economic stability during that period.
