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Published on Mar 15, 2016

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1.

WEAK ECONEMY

Photo by Mr. Wright
2.

Too much money printed caused money to loose value, leaving people to have to pay (debtors) leading to a Depression

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3.

Inflation - increased prices, loss of money value.

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4.

People who owed money - happy ~ money worthless = debt worthless

People who lend money - upset ~ paid back with worthless money.

5.

Creditors fled Rhode Island to avoid being payed bask with worthless money. The money was worthless because of inflation .

Photo by iandavid

Sophie Howard