Which of the following was a consequence of the large increase in paper currency in circulation in the states during the Revolutionary War years?
A) Paper currency made it easier for American families to buy goods.
B) It caused many Loyalists to switch their allegiance to the Patriot cause.
C) The printing of additional bills allowed most Americans to become very wealthy.
D) The paper bills quickly fell in value,becoming nearly worthless.
Correct Answer:
Verified
Q9: What spurred the British Parliament to repeal
Q10: Which of these events occurred at the
Q11: How did the British respond after their
Q12: Which of the following statements describes British
Q13: Which of the following was an advantage
Q15: Which of the following describes the Continental
Q16: The Treaty of Alliance that the French
Q17: What was significant about George Washington's leading
Q18: The British strategy in its military campaign
Q19: To finance the war during its first
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents