Where Do They Make Money In The Us
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Since the United States Constitution gave Congress power to "coin money and regulate the value thereof," the locations and processes for making money have changed often. Today, the Bureau of Engraving and Printing produces paper money in two facilities, while the U.S. mint makes coins in four different places.
- Bureau of Engraving and Printing
- U.S. Mint
1 Bureau of Engraving and Printing
One of the largest currency printers in the world, the Bureau of Engraving and Printing prepares all of the paper money for the U.S. at facilities in Washington, D.C., and in Fort Worth, Texas.
2 U.S. Mint
The U.S. Mint maintains six locations, but only four of them produce money. Each of the production locations has specific responsibilities, as well. The production of general circulation coins, medals, proof sets and commemorative coins is the domain of plants in Philadelphia, Denver, San Francisco and West Point, New York. Gold, silver and platinum bullion is also stored at the Colorado and New York facilities. Headquarters for the U.S. Mint is in Washington, D.C., while Fort Knox, Kentucky, serves as the depository for gold bullion.
Pamela Martin has been writing since 1979. She has written newsletter articles and curricula-related materials. She also writes about teaching and crafts. Martin was an American Society of Newspaper Editors High School Journalism Fellow. She holds a Bachelor of Arts in Teaching in elementary education from Sam Houston State University and a Master of Arts in curriculum/instruction from the University of Missouri.
Where Do They Make Money In The Us
Source: https://classroom.synonym.com/where-is-money-made-in-the-united-states-12079017.html
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