The American Journey - Chapter 6
Flashcard
•
History
•
6th - 8th Grade
•
Hard
Wayground Content
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2 questions
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1.
FLASHCARD QUESTION
Front
How did Americans pay off the financial issues they had in the war? Options: They printed paper money (inflation), They stole money and supplies from the British, Their allies loaned them money and supplies to help with the war, Britain felt pity for the Americans and loaned them some money
Back
Their allies loaned them money and supplies to help with the war
2.
FLASHCARD QUESTION
Front
What happened when the Congress printed paper money?
Back
When printed, because the money circulated faster than the amount of goods produced, it caused inflation.
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