0
Add your answer:
Earn +20 pts
Can each state printed its own kind of paper money?
No, only the federal government has the authority to issue currency in the United States. Each state is not allowed to print its own kind of paper money.
Did each state print its own kind of paper?
No not very state:)
Did each state print its own money?
yes
Did each state print its own kind of money?
No not very state:)
Does any state have right to print there own money?
No because if each state where to do so the value of money would go down
How much money is printed each day?
Factories print about 5million dollies each day in one country or state.
Under the articles of confederation who was responsible for the printing of money?
The Chinese were the first to print paper money. The word cash originally referred to a type of round bronze coins used in the Tang Dynasty, called kai-yuans.
Where is money for the whole world made?
Money is produced by each country in their mints. The US has several mints that will print off paper money and also produce coins. Other countries are similar.
Do Each state printed it's own kind if paper money?
No, all of the United States' states use federally-minted coins and federally-printed paper money.
Can each county print its money?
No. Only the central bank of the country can print money. Counties cannot print their own money. They have to get it from the central bank/government. For ex: Reserve Bank in India and the Federal Reserve in the USA are the respective entities that are entitled to print money in their countries (India and USA). Each country has a corresponding entity that prints money for the country's use.
Why did the Americans have to stop printing paper money?
Because the more money you print, the less each bill is worth. ?????????? The US prints hundreds of millions of banknotes every year, and has been doing so for many decades.
Why was it a problem for states to print their own mooney when Washington was president?
Each state having their own money meant that people would have to carry 13 different types of money and each had a different value. This really hampered trade.
