3 Questions
Why did the colonies resort to issuing paper currency?
They had insufficient bullion due to British demands for trade.
What was the British government's stance on trade of gold and silver bullion?
They demanded the trade of gold and silver bullion.
Why did the colonies have insufficient bullion left over?
Due to the British government's demand for a positive balance of trade.
Test your knowledge of colonial economic policies and the use of paper currency with this quiz. Explore how the British demand for bullion impacted the colonies and how they turned to paper currency to address their financial needs.
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