How did the Continental Congress get money?

1 answer

Answer

1179164

2026-08-17 20:50

+ Follow

The Continental Congress primarily financed the Revolutionary War through a combination of methods, including issuing paper currency, borrowing money from foreign nations, and collecting donations from wealthy individuals and communities. They also sought loans from European allies, notably France, which provided crucial financial support. Additionally, Congress imposed taxes and sought to encourage local governments to raise funds to support the war effort. However, the reliance on paper currency often led to inflation and economic challenges.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.