What was one of the main problems with states controlling their own currency?

A.
States always had to pay the national government more money than they were able to produce.
B.
States could make their own money and assign it a specific value.
C.
Paper money would only last a few months and had to be replaced.
D.
State produced currency made interstate trade easier to control.

1 answer

B. States could make their own money and assign it a specific value.

This was one of the main problems with states controlling their own currency, as it led to a lack of uniformity and created complications in trade and economic stability, both within states and between states.

Similar Questions
  1. What was one of the main problems with states controlling their own currency?A.States always had to pay the national government
    1. answers icon 8 answers
  2. What was one of the main problems with states controlling their own currency?A. States always had to pay the national government
    1. answers icon 1 answer
  3. Which explains the monetary policy weakness in the Articles of Confederation?The states were given options of what currency they
    1. answers icon 1 answer
    1. answers icon 1 answer
more similar questions