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What led to inflation after the Revolutionary War? American paper money was not backed by gold or silver. Farmers had a lot of extra money to spend. The central government imposed high taxes. Currency
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Nov 16, 2018
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What led to inflation after the Revolutionary War? American paper money was not backed by gold or silver. Farmers had a lot of extra money to spend. The central government imposed high taxes. Currency in Great Britain lost value.
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Derrick Turk
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What led to inflation after the Revolutionary War was that American paper money was not backed by gold or silver, and this led to the countries debt.
Your answer is:
American paper money was not backed by gold or silver.
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Pcan
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Nov 22, 2018
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