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  • 26-01-2021
  • History
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Why did the colonies have problems with their currency?

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d98625
d98625 d98625
  • 26-01-2021

Answer:

Colonies had paper money, but its worth was amost nothing due to the colonies printing too much of it.  Also the printed money wasnt backed by gold or silver and with those two factors it made the money nearly worthless.

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