QUESTION IMAGE
Question
how was the creation of money handled under the articles of confederation?
○ in the confederate system, each state created its own money.
○ the federal government alone created money.
○ each state and the national government created money.
○ the articles of confederation did not mention creating or managing money.
Under the Articles of Confederation, the national government had very limited powers, and states retained significant autonomy, including the authority to issue their own currency. The federal government lacked the power to create a unified national currency at this time.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
A. In the confederate system, each state created its own money.