Register
In 1750, there were at least four different kinds of paper money being used in the colonies. This was very confusing and made it hard to do business between the colonies.
147k views
14 votes
In 1750, there were at least four different kinds of paper money being used in the colonies. This was very confusing and made it hard to do business between the colonies.

User Vivia
by
4.7k points

1 Answer

9 votes

Answer:

True.

Step-by-step explanation:

In 1750 the American colonies did not have a unified currency and demanded several paper money circulating in the colonies which caused a lot of confusion in commercial transactions, in addition to weakening trade and the local economy. For this reason, one of the first changes brought about by the federal government was the creation of a unified currency that would be used in all states of the country.

User Sotmot
by
4.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.9m answers

Other Questions

The Boston Tea Party refers to which of the following?
Given several pollution sources within a given region. You have determined the level of pollutants that the environment can tolerate and need to design a regulatory system that guarantees that tis limit
Which country had a significant presence in the coastal area (Barrier Islands) of present-day Georgia before the establishment of the colony of Georgia? A. England B. France C. Portugal D. Spain
A two-year-old child has a pet dog named Sophie. The child visits her neighbor and sees the neighbor's pet dog. Even though the neighbor's dog is larger and of a different color, the child points to it
Which conclusion is best supported by the chart? (1) The Stamp Act led to widespread smuggling. (2) Colonists raised revenue by imposing new taxes. (3) British policies were opposed by many colonists.
Link Copied!