Understanding the Currency Act of 1764

What was the main purpose of the Colonial Currency Act of 1764?

• To allow colonists to print more money

• To control and restrict the use of paper money in the colonies

• To give colonists more gold

• To lower taxes in the colonies

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Which country passed the Currency Act of 1764?

• France

• Spain

• England (Britain)

• The United States

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What is "currency"?

• A type of food

• A kind of clothing

• Money used for buying and selling

• A law

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Which group was most affected by the Currency Act of 1764?

• British soldiers

• Colonial merchants and farmers

• French settlers

• Native Americans

What did the Currency Act of 1764 stop the colonies from doing?

• Trading with Britain

• Printing their own paper money

• Growing crops

• Building houses

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Why did the British government pass the Currency Act of 1764?

• To help the colonies become richer

• To make sure British merchants were paid in valuable money

• To encourage colonists to use more paper money

• To stop colonists from trading with each other

How did many colonists feel about the Currency Act of 1764?

• They were happy and excited

• They were angry and thought it was unfair

• They did not care

• They wanted more laws like it

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What was one effect of the Currency Act of 1764 on the colonial economy?

• It made it easier to buy and sell goods

• It caused money shortages and made trade harder

• It lowered the price of goods

• It increased the amount of gold in the colonies

If you were a colonial merchant, how might the Currency Act of 1764 have changed your business?

• You could print your own money to pay debts

• You might have trouble paying for goods because there was less paper money

• You would get more money from Britain

• You could trade more easily with other colonies

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Why did some colonists believe the Currency Act was unfair?

• Because it helped them make more money

• Because it took away their right to make their own money and made trade difficult

• Because it allowed them to print more money

• Because it lowered taxes

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