QUESTION IMAGE
Question
how does this image of a 1793 coin relate to the selection? a alexander hamilton banned the penny as currency due to a shortage of gold. b pennies became more valuable than gold and silver after the revolutionary war. c alexander hamiltons coinage act led to the use of different coins, like the penny. d the penny was the only currency to be rejected by the coinage act.
Alexander Hamilton's Coinage Act of 1792 established a national mint and a system of coinage in the United States, including the use of different denominations like the penny. Option A is incorrect as Hamilton did not ban the penny due to gold - shortage. Option B is false as pennies did not become more valuable than gold and silver after the Revolutionary War. Option D is wrong since the penny was not rejected by the Coinage Act.
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C. Alexander Hamilton's Coinage Act led to the use of different coins, like the penny.