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Article Of Confederation
Beginning of Essay
Government under the Articles of confederation could not deal effectively with many issues that arose during the 1780’s. Despite it’s many weaknesses, the new government accomplished a great deal. The western lands became the prize and treasure of t .... Middle of Essay .... It was the greatest single achievement in domestic policy for the Confederation
Under the Articles of Confederation each state was given the power to regulate their own currency. Each state issued it’s own money. As a result nobody knew exactly how much a New York dollar was worth compared to a one from New Jersey or Virginia. The more money there was in circulation, the less a dollar was worth. Finally, there was just a financial collapse and a paper money was considered worthless. For five long years the colonies experienced the worst business depression. This inefficiency to deal with the regulation of currency not only caused one ....
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Words: 716 - Pages: 3
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