4 Questions
During the Revolutionary War, the Continental dollars became worthless because
The money was not backed by gold or silver
Who were the most affected by the worthless Continental dollars?
Small business owners
Why did Congress request the states to increase taxes?
To fund the Revolutionary War
What did most states do instead of increasing taxes?
Print their own paper money
Quiz: The Continental Currency Crisis - Test Your Knowledge! Test your knowledge about the Continental Currency Crisis during the Revolutionary War. Explore how the printing of paper currency by the new Congress led to inflation and the subsequent devaluation of Continental dollars. Discover the impact of this crisis on soldiers, small business owners, and farmers. Challenge yourself with questions about the measures taken by Congress and the consequences faced by Americans during this challenging period.
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