How was the creation of money handled under the Articles of Confederation?

A. In the confederate system, each state created its own money.

B. The federal government alone created money.

C. Each state and the national government created money.

D. The Articles of Confederation did not mention creating or managing money.

Question

Social Studies

Fletcher Mcbride

8 August, 08:27

How was the creation of money handled under the Articles of Confederation?

A. In the confederate system, each state created its own money.

B. The federal government alone created money.

C. Each state and the national government created money.

D. The Articles of Confederation did not mention creating or managing money.

+5

Answers (2)

Know the Answer?

Jesse Anthony · Answer 1

A. For in which each state had its own currency money

Nayeli Brock · Answer 2

I believe the answer is: A. In the confederate system, each state created its own money.

When states have the abiltiy to create their own money, it is very difficult to control the rate of inflation in the country since the central government had no jurisdiction in creating monetary policies for the states. But, when only federal government can print the money, it is far easier to regulate the rate of inflation and control the economic stability in the country