Form 2: Economic Problems under the Articles
Learn about the economic challenges and financial instability faced by the United States under the Articles of Confederation.
Questions
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MultiChoice
How did the Confederation Congress attempt to raise money without taxation powers?
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MultiChoice
What financial issue was caused by the lack of a single national currency?
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MultiChoice
What primary debt burden faced the new nation after 1783?
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MultiChoice
How did interstate commerce suffer under the Articles of Confederation?
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MultiChoice
What were Continental currency dollars commonly called due to inflation?
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MultiChoice
Why were foreign trade negotiations difficult for the United States under the Articles?
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MultiChoice
What happened to many farmers who could not pay high state taxes after the war?
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MultiChoice
What form of payment did Massachusetts creditors demand from struggling farmers?
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MultiChoice
What was the general economic condition in the U.S. during the mid-1780s?
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MultiChoice
Who was appointed Superintendent of Finance in 1781 to try to save the economy?
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MultiChoice
Why did a proposed 5% national import tariff fail to pass in 1781?
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MultiChoice
Which 1786 meeting was held specifically to discuss trade and commercial problems?