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The main problem with continental dollars was that they were not backed by a stable source of revenue or gold reserves, leading to overissuance and hyperinflation. This caused the value of the currency to plummet, resulting in a loss of confidence in its worth and making it nearly worthless in trade.
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What was the major problem with wegners theory of continental drift?
The main problem with Wegners theory of continental drift was that at the time he proposed it he had no real proof.
The problem with continental dollars was that?
the bank printed some much money that there was not enough gold or silver to back the money they printed.
What did a new Lincoln Continental cost in 1972?
A new Lincoln Continental Coupe cost about 7000 dollars in 1972. A new Lincoln Continental sedan cost about 7300 dollars in 1972.
Why were Continental dollars worth so little?
The Continental Cngress was unable to prevent deep depreciation of its paper currency.
What is the main material that continental plates made of?
Continental crust is made primarily of granite.
what is main problem?
the main problem is a problem that occurs in the middle of the story
What is the main problem?
the main problem is a problem that occurs in the middle of the story
What are the main types of air masses?
Maritime polar, maritime tropical, continental polar, & continental tropical
How much is a bentley continental gt?
about a million dollars (US), maybe 900,000
What is main problem of human?
the main problem of a human is war, weapons, violence, and mental problems The main problem of a human is the unknown.
Main conflict definition?
A main conflict is the main problem that a character has in a story, or the main problem of the story
The Second Continental Congress's main purpose was to draft the Constitution?
The Second Continental Congress's main purpose was to draft the Declaration of Independence. The Constitution was not drafted for 11 more years.
