Answer:
The correct answer is A. The Bretton Woods system ended in 1971.
Explanation:
The Bretton Woods system was a fixed exchange rate system in which the exchange rate for countries' currencies against the US dollar was fixed. From 1945 to 1971, it regulated exchange rates for member countries of the International Monetary Fund (IMF).
In July 1944, an international conference was held in the small town of Bretton Woods, New Hampshire, with participants from 44 nations. It was decided to set up the International Monetary Fund and the Bretton Woods system, the latter being used until the early 1970s.
The agreement meant that the member countries joined a fixed exchange rate system, which set the exchange rate for the country's currency against the US dollar. Instead, the US guaranteed a fixed redemption price of the dollar in gold. Exchange rate changes were made only to adjust for "basic imbalances" in the balance of payments. In practice, the agreement meant an end to repeated and drastic devaluations of local currencies in search of competitiveness in the export market. Earlier currency restrictions could also be lifted, with the result that international trade could increase.
The system was aborted in 1971, when the United States decided to no longer guarantee the dollar value with a fixed redemption price in gold, called the "Nixon shock". By then, the United States had already let the dollar exchange rate float in 1968. The reasons were, among other things, in the extremely costly Vietnam War for the United States. The result was that other currencies with previously fixed exchange rates also floated. The Bretton Woods system formally ceased in 1973, after vain attempts to stabilize key currencies.
The Salem Witch Trials were a prime part of American history during the early 17th century.During this time, religion was the prime focus and way of life within colonies. This was especially true for the Puritan way of life.Puritan first came to America in hopes of practicing Christianity their own way, to the purest for . The Puritan were fundamentalists who believed every word transcribed in the Bible by God was to be followed exactly for what it was. The idea of the devil controlling a woman and forming her into a Witch was originated from people’s lack of awareness on illness, disease or simple hysteria . The colonists lack on the methodical approach through sciences left them concluding to a spiritual phenomenon.
It made families sad, poor, hungry, weak....
Answer:
Sumerians linked religion and government because they thought kings were chosen by the gods. How did the invention of a writing system affect Sumerian society? A writing system affected the Sumerian society by keeping track of business dealings and providing a written record in case of a disagreement.
Explanation:
I hope it helped you sorry I was not able to write it in 2 sentences
