What is the nickname for the first national currency?

What is the nickname for the first national currency?

Here is the question :

WHAT IS THE NICKNAME FOR THE FIRST NATIONAL CURRENCY?

Here is the option for the question :

  • Unionites
  • Washingtonians
  • Trustees
  • Greenbacks

The Answer:

And, the answer for the the question is :

Greenbacks

Explanation:

[STC0012073]. Greenbacks are American banknotes first issued by the United States government in 1862. This money was issued to support the Union war effort and was not backed by gold, hence the moniker. The Union printed more than $450 million in currency between 1862 and 1865. Some people insisted on keeping greenbacks in circulation after the war ended, but a movement in 1868 made sure they wouldn’t be needed for another 20 years.

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