The American Journey - Chapter 6

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

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.