[Answer] How did the fact that the states could coin money effect economic development?

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How did the fact that the states could coin money effect economic development? The elimination of the states ’ power to coin money and the exclusive grant to Congress provoked controversy because the power to coin money was traditionally understood as a symbol of political... CONSTITUTION ECONOMIC BENEFITS OF THE (ISSUE) The basis of the discussion in the constitutional convention during the summer of 1787 was the economic rights and the political liberties of the American people. In other words the Constitution was an attempt to define the terms and the relationship of freedom and property. This generation saw no contradiction between the two. The states maintained the right to govern their residents while the national government could declare war coin money and conduct foreign affairs but little else. Its inability to impose taxes regulate commerce or raise an army hindered its ability to defend the nation or … 8 Things You May Not Know About American Money - HISTORY Economic development - Developing countries and debt ... 8 Things You May Not Know About American Money - HISTORY The History of Money: From Barter to Banknotes Economic development - Economic development - Developing countries and debt: After World War II it was thought that developing countries would require foreign aid in their early stages of development . This aid would supplement the capital created by domestic savings permitting a higher rate of investment and thus stimulating growth. It was expected that their reliance on official sources of ... Mon Mar 23 2020...

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