WORLD HISTORY

Detailed explanation-1: -Congress stopped issuing the paper money because no one would use it. The Americans had no other way to finance the fighting of their war for independence.

Detailed explanation-2: -Continentals refers to paper currency issued by the Continental Congress in 1775 to help fund the American Revolutionary War. Continentals quickly lost value, partly because they were not backed by a physical asset like gold or silver, but also due to the fact that too many bills were printed.

Detailed explanation-3: -What was the economic result of the Continental Congress’s decision to issue paper money? Money became devalued.

Detailed explanation-4: -With the passage of time, weaknesses in the Articles of Confederation became apparent; Congress commanded little respect and no support from state governments anxious to maintain their power. Congress could not raise funds, regulate trade, or conduct foreign policy without the voluntary agreement of the states.

Detailed explanation-5: -The years immediately following the end of the Revolutionary War in 1783 presented the young American nation with a series of difficulties that Congress could not adequately remedy: dire financial straits, interstate rivalries and domestic insurrection.