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.

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The correct answer is a) a class or category of objects, events, or activities.

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amm1812

here's a few for good measure

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What does it mean when the two lines on your palms meet?

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