Jump to content

Greenback (1860s money)

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by 68.13.168.113 (talk) at 21:29, 21 March 2013. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

The term greenback refers to paper currency that was issued by the United States during the American Civil War the union used this money to keep the economy stable and help to pay for the war.[1] There are at least two types of notes that were called greenback:

References

  1. ^ Sullivan, Arthur (2003). Economics: Principles in action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall. p. 552. ISBN 0-13-063085-3. {{cite book}}: Unknown parameter |coauthors= ignored (|author= suggested) (help)CS1 maint: location (link)