What happened to the gold standard in 1933?

1 answer:

3 0

The US currency went off the gold standard.

The Great Depression was causing people to hoard gold. So using gold to back the dollar was no longer feasible because gold was untenable. Franklin Roosevelt made the decision to take the US off of gold.

You might be interested in

A is for awesome b is for best c is for congratulations and d is because you deserve it

dlinn [17]

so this is a joke question right?

6 0

3 years ago

Read 2 more answers

What do you mean by the term ,<br>'Biosphere'?

GREYUIT [131]

Answer:

biosphere is the regions of the surface and atmosphere of the earth or another planet.

3 0

3 years ago

Read 2 more answers

svp [43]

Answer:

C. A company in Maryland suing a man in California over a contract dispute.

5 0

3 years ago

The people of Judah were not forced to leave<br> O True<br> O False

yarga [219]

False? I’m sorry if I get it wrong :(

5 0

3 years ago

How was World War I different from the type of war that is fought today

MrRissso [65]

Answer:

we have more nuclear weapons

Explanation:

we have more nuclear weapons to this day, back then war wasn't so nuclear and was more guns and swords.

8 0

3 years ago

Read 2 more answers