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A confederation (also known as a confederacy or league) is a political union of sovereign states united for purposes of common action. [1] Usually created by a treaty, confederations of states tend to be established for dealing with critical issues, such as defence, foreign relations, internal trade or currency, with the central government being required to provide support for all its members.
Confederation represents a main form of inter-governmental-ism, this being defined as "any form of interaction between states which takes place on the basis of sovereign independence or government." Confederation is almost as a federation with the federal government being as a combination or alliance of all the states. Haudenosaunee Confederacy
The Articles of Confederation and Perpetual Union was an agreement among the 13 states of the United States, formerly the Thirteen Colonies, that served as the nation's first frame of government. It was debated by the Second Continental Congress at Independence Hall in Philadelphia between July 1776 and November 1777, and finalized by the ...
Both the individual Confederate states and later the Confederate government printed Confederate States of America dollars as paper currency in various denominations, with a total face value of $1.5 billion. Much of it was signed by Treasurer Edward C. Elmore. Inflation became rampant as the paper money depreciated and eventually became worthless.
In its first steps, the United States was a confederation of thirteen states (Delaware, Pennsylvania, New Jersey, Georgia, Connecticut, Massachusetts Bay, Maryland, South Carolina, New Hampshire, Virginia, New York, North Carolina, and Rhode Island and Providence Plantations) organized under the Articles of Confederation.
The Confederation period was the era of the United States' history in the 1780s ... The confederation's central government consisted of a unicameral Congress with ...
Swiss Confederation or Switzerland, a federal republic in Europe Old Swiss Confederacy, a confederation that was the predecessor of the current Swiss state; Three Confederate States of Gojoseon, states thought to have existed in present day Korea during the Bronze Age
In 1784, the total Confederation debt was nearly $40 million. Of that sum, $8 million was owed to the French and Dutch. Of the domestic debt, government bonds, known as loan-office certificates, composed $11.5 million, certificates on interest indebtedness $3.1 million, and continental certificates $16.7 million.