Question
Why did the lack of unified currency under the Articles of Confederation cause problems for the new nation?
A.
It meant every state could trade with other nations with no government regulation.
B.
It made trade between individual states and other countries difficult and inefficient.
C.
It meant people could only trade with other people and businesses in their own state.
D.
It strengthened the central government's control over the economy.
A.
It meant every state could trade with other nations with no government regulation.
B.
It made trade between individual states and other countries difficult and inefficient.
C.
It meant people could only trade with other people and businesses in their own state.
D.
It strengthened the central government's control over the economy.
Answers
GPT-5 mini
B.
Without a national currency, each state issued its own money (and sometimes foreign coins were used), creating confusing exchange rates, mistrust, and inefficiency that made interstate and international trade difficult.
Without a national currency, each state issued its own money (and sometimes foreign coins were used), creating confusing exchange rates, mistrust, and inefficiency that made interstate and international trade difficult.