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Vanyuwa [196]
3 years ago
6

The ghost dance movement that emerged prominently among the sioux in 1890 promised the tribe what two things would happen if the

y returned to their ancient traditions? science forums
History
1 answer:
brilliants [131]3 years ago
4 0
<span>The bison would return and white people would disappear.</span>
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Answer:

In the 1930s, the United States abandoned the gold standard because the government wanted to rapidly expand the money supply in response to the Great Depression.

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The Gold Standard monetary system was abandoned during the years after the Great Depression of 1929 to prevent prices and wages from falling in response to a general reduction in global demand, so that adjustments fell on the total amount of employment. Under these conditions, the depreciation of the exchange rate (that is, the abandonment of the pure gold standard) was considered "less painful" (in order to reduce exports). This prevented the reduction of wages, especially since the pressure of the unions imposed this kind of policy in some way. And all this in addition without taking into account that all countries, sooner or later, would adopt the same policy, resort to devaluation, with which the destruction of employment for years was inevitable.

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