Social Studies

Question

What was the cause of inflation in the new nation and how could it have been prevented.
What was the cause of inflation in the new nation and how could it have been prevented.

1 Answer

  • To ease this hardship, some states began printing large amounts of paper money. The result was inflation.This money had or no real value, because states did not have gold or silver reserves to back it up.They could have prevented it by if the Revolutionary war had not started they wouldn't have had inflation.
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