Properties (51)
Predicate | Object |
---|---|
gptkbp:instanceOf |
legislation
|
gptkbp:associatedWith |
Confederate_economy
|
gptkbp:currency |
government bonds
various denominations subject to market forces paper money through banks subject of political debate faced numerous challenges not backed by gold declined over time used for transactions limited acceptance high inflation rate questioned by citizens designated as legal tender distributed through banks and agents impacted society during the war increased counterfeiting risks influenced by economic needs involved legislative debates led to calls for reform led to speculation no fixed expiration date part of broader financial legislation part of economic policy during the war public perception varied over time traded at discounts Confederate_States_notes Treasury_of_the_Confederate_States ended_with_the_Confederacy legacy_of_Confederate_financial_practices part_of_Confederate_financial_history |
gptkbp:economicImpact |
affected daily life
|
gptkbp:enactedBy |
gptkb:Confederate_States_of_America
Subsequent legislation |
gptkbp:financials |
regulated_by_the_Treasury_Department
|
gptkbp:historicalContext |
context_of_Civil_War_economy
|
gptkbp:historicalImpact |
historical impact on post-war economy
|
gptkbp:historicalSignificance |
reflects wartime economic policies
|
https://www.w3.org/2000/01/rdf-schema#label |
Confederate Currency Act
|
gptkbp:impact |
inflation
|
gptkbp:influencedBy |
economic conditions
|
gptkbp:ledTo |
counterfeit issues
|
gptkbp:legislation |
passed_by_Congress_of_the_Confederate_States
|
gptkbp:primaryMission |
funding the war effort
|
gptkbp:purpose |
to authorize the issuance of currency
|
gptkbp:relatedTo |
gptkb:Civil_War
|
gptkbp:replacedBy |
new currency acts
|
gptkbp:resultedIn |
devaluation of currency
|
gptkbp:yearEstablished |
1861
|