Αποτελέσματα Αναζήτησης
The Currency Act or Paper Bills of Credit Act is one of several Acts of the Parliament of Great Britain that regulated paper money issued by the colonies of British America. The Acts sought to protect British merchants and creditors from being paid in depreciated colonial currency.
28 Σεπ 2023 · Currency Act — Quick Facts. Key facts and important details about the Currency Act of 1764 for kids doing research and students studying for the AP U.S. History (APUSH) exam.
10 Απρ 2024 · The Currency Act of 1764 was a British law passed by Parliament to regulate the currency system in the American colonies. It aimed to standardize and stabilize the currency by prohibiting the colonies from issuing their own paper money.
To protect British merchants and creditors from depreciated colonial currency, this act regulated currency, abolishing the colonies' paper currency in favor of a system based on the pound sterling.
The Currency Act of 1764 stated that colonists could no longer use bills of credits in official trades. The British government wanted more control over their economy. Many in the colonies blamed this act for causing economic failure.
2 Οκτ 2020 · The Currency Act of 1764 was the second and most impactful of two laws passed by the British government during the reign of King George III that attempted to take total control of the monetary systems of all 13 colonies of British America.
On September 1, 1764, Parliament passed the Currency Act, effectively assuming control of the colonial currency system. The act prohibited the issue of any new bills and the reissue of existing currency.
