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Topic: American History
Number of pages / Number of words: 2 / 296
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Although the confederation as a whole gained several vital powers, the crucial powers of taxation and regulation of commerce remained with the individual states. Each state passed their own dissimilar currency, and therefore created inflation which made circulation worthless. The western lands were diced into small plots of land to be auctioned off to pay off the national debt...


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Although the confederation as a whole gained several vital powers, the crucial powers of taxation and regulation of commerce remained with the individual states. Each state passed their own dissimilar currency, and therefore created inflation which made circulation worthless. The western lands were diced into small plots of land to be auctioned off to pay off the national debt...


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