What made trade difficult for the United States in 1790, when Hamilton was secretary of the treasury?

Only the federal government could print money.

Congress printed different types of money.

Each state was allowed to print its own money.

State governments were not allowed to print money.

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History

Ashtyn Shelton

4 July, 16:23

What made trade difficult for the United States in 1790, when Hamilton was secretary of the treasury?

Only the federal government could print money.

Congress printed different types of money.

Each state was allowed to print its own money.

State governments were not allowed to print money.

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Answers (1)

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Josiah Mann · Answer 1

Each state was allowed to print its own money, and that was what made trade difficult for the United States in 1790, when Hamilton was secretary of the treasury. It was difficult because of the many different currencies they had their goods paid in for.

What made trade difficult for the United States in 1790, when Hamilton was secretary of the treasury?Only the federal government could print money.Congress printed different types of money.Each state was allowed to print its own money.State governments were not allowed to print money.

What made trade difficult for the United States in 1790, when Hamilton was secretary of the treasury?

Only the federal government could print money.

Congress printed different types of money.

Each state was allowed to print its own money.

State governments were not allowed to print money.