Why did Continentals lose value?

Congress had little gold or silver and no power to tax, so it kept printing paper money, more than $200 million by the end of 1779.

Why did state banks grow after 1833?

Federal deposits moved to state banks, and no national bank pressed them to pay in gold or silver, so they made more loans and notes.

8th Grade Money, Banks and Inflation Worksheets

Ages 13-14 · Free previews · Print-ready PDFs

Written by Adi Ackerman, Head Teacher

Inflation is a general rise in prices, and banks affect how much money circulates. There are 2 sheets for 8th grade here, each with an answer key. Continental Currency and Wartime Inflation builds a price index for corn, and State Banks and the Bank War, 1830 to 1840 graphs the number of banks.

8th Grade Social Studies Economics and Money Money, banks and inflation Clear All

Continental Currency and Wartime Inflation

Grade8th Grade

TopicEconomics and Money

State Banks and the Bank War, 1830 to 1840

Grade8th Grade

TopicEconomics and Money

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Frequently Asked Questions

Subtract the old price from the new price and divide by the old price, then write it as a percent. A hat that goes from $2 to $3 has a 50 percent inflation rate.

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