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frosja888 [35]
3 years ago
13

In financial matters,what best describes a "silver standard"?

History
1 answer:
vivado [14]3 years ago
8 0
<span>The silver standard is a monetary standard that relies of the fixed weight of silver as the economic unit of account. It became widespread from the fall of the Byzantine empire and was used by many regions including Great Britain, China, and India  before being eventually replaced with the gold standard until it was abandoned during the early 20th century.</span>
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