USA HISTORY

MAKING OF A NEW NATION 1776 1800

THE ARTICLES OF CONFEDERATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
TRUE OR FALSE:Under the Articles of Confederation, each state had their own currency (i.e. money) and states wouldn’t accept money from another state.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Under the Articles of Confederation, each state had the power to manage and print its own forms of paper currency, or money. This led to major problems because, by 1789, currency from states like Rhode Island had experienced extreme devaluation. Much of this money was worth less than its face value.

Detailed explanation-2: -Under the Articles, the states, not Congress, had the power to tax. Congress could raise money only by asking the states for funds, borrowing from foreign governments, and selling western lands.

Detailed explanation-3: -Article II. Each state retains its sovereignty, freedom and independence, and every Power, Jurisdiction and right, which is not by this confederation expressly delegated to the United States, in Congress assembled.

Detailed explanation-4: -The Articles of Confederation were easy to change. Under the Articles, states with more people got more votes in Congress. Under the Articles, Congress did not have the power to collect taxes. Under the Articles, Congress could pass laws and force states to follow them.

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