History, 10.10.2020 14:01 nickname0097

What does the sentence "The public began to doubt the money was worth anything" mean in the context of the whole paragraph?

Answers: 1

Show answers

Answers

Answer from: mohammadhosseinkarim

Incomplete question. Here's the excerpt containing the sentence:

"Because of its weakness, the Confederation government had trouble with financial issues. Continentals, paper bills the Continental Congress printed during the war, did not hold their value. By 1781, the currency had depreciated (dih • PREE • shee • ayt • ed), or fallen in value, so far that it was worth almost nothing. As more continentals appeared, people realized that Congress could not exchange or trade in the bills for gold or silver. The public began to doubt the money was worth anything. In 1779 it took 40 continentals to buy a single Spanish silver dollar. By 1781, a person needed 146 continentals to buy that Spanish coin. "Not worth a continental” became a common saying. At the same time, the price of food and other goods soared. In Boston and some other areas, high prices led to food riots."

Explanation:

Meaning the money had very little value in the eyes of Americans at the time. Remember, from the paragraph we are told, "the currency had depreciated..., or fallen in value, so far that it was worth almost nothing," furthermore we are told, "In 1779 it took 40 continentals to buy a single Spanish silver dollar. By 1781, a person needed 146 continentals to buy that Spanish coin." So in just two years (1779-1781), the currency had depreciated (or loss its value) by about 350%.

Answer from: Quest

i don't see how you want other people to do your work for you and it is like you are just handing your assignment to anybody else and having them deal with it instead of your self i thought this site was for asking questions and somebody could you on it not just handing your work to somebody else to deal with it just saying don't mean to be mean just proving a fact.

explanation:

Answer from: Quest

c would be the correct !

hope this !

~bbgluver

Can someone me? will award brainliest! u

Another question on History

History, 21.06.2019 14:30

Brainliesttt asap!me : ) answer in your own words. what was the relationship between medieval theories about scientific reasoning and the kind of reasoning favored during the scientific revolution?

Answers: 2

Answer

History, 22.06.2019 06:30

Which character are always present in all living organisms

Answers: 3

Answer

History, 22.06.2019 07:00

Read the excerpt from the monsters are due on maple street.as they suddenly start toward the house. in this brief fraction of a moment they take the first step toward performing a metamorphosis that changes people from a group into a mob. they begin to head purposefully across the street toward the house at the end. steve stands in front of them. for a moment their fear almost turns their walk into a wild stampede but steve's voice, loud, incisive and commanding, makes them stop.stevewait a minute . . wait a minute! let's not be a mob! the people stop as a group, seem to pause for a moment and then much more quietly and slowly start to walk across the street.which sentence from the excerpt is an example of foreshadowing? a) as they suddenly start toward the house.b) in this brief fraction of a moment they take the first step toward performing a metamorphosis that changes people from a group into a mob.c) they begin to head purposefully across the street toward the house at the end.d) the people stop as a group, seem to pause for a moment and then much more quietly and slowly start to walk across the street.

Answers: 1

Answer

History, 22.06.2019 07:30

How did farm families get things they needed, such as cloth, in the mid-1800's

Answers: 1

Answer

You know the right answer?

What does the sentence "The public began to doubt the money was worth anything" mean in the context...

Questions