Core 2-paper Money In The Civil War

9 Questions | Total Attempts: 34

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Civil War Quizzes & Trivia

Questions and Answers
  • 1. 
    The Confederate government issued a vast array of paper currencies — at least ____ different types of currency.
    • A. 

      Seventy

    • B. 

      Seven

    • C. 

      Seven hundred

  • 2. 
    Besides the Confederate government, who else printed money in the South?
    • A. 

      Cities, Counties, and States

    • B. 

      State Governments

    • C. 

      State governments, banks, insurance companies, and businesses.

  • 3. 
    The Confederate paper money could be traded for gold.
    • A. 

      True

    • B. 

      False

  • 4. 
    The Confederate government used paper money since it had little gold or silver.
    • A. 

      True

    • B. 

      False

  • 5. 
    Paper money was like a _________, or a promise to pay.
    • A. 

      Payment

    • B. 

      Pay

    • C. 

      Loan

  • 6. 
     Due to the blockade and other factors, the Confederate government printed more money than there were __ to buy in the South.
    • A. 

      Goods

    • B. 

      Currency

    • C. 

      Bonds

  • 7. 
    Too much money, a lack of goods to buy, and a lack of faith in paper money resulted in rampant __________ — rapidly rising prices of goods.
  • 8. 
     Inflation made it difficult for some North Carolinians to ________ themselves.
  • 9. 
    The price of _______ rose 2500 percent.
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