A gold standard is an economic system that equate gold' weight to a certain amount of currency. When it first enacted in united states, One Troy ounce of gold can be converted to $20.67.
McKinley use his support for the gold standard as his main platform during his presidential election. He argued that including other metal beside gold (such as silver) as a monetary standard can create a volatility in the value of the dollar.
The answer is: The Three Fifths Clause protected slave states by giving them more representatives in the House of Representatives than they would get if slaves were not counted at all for purposes of apportioning seats in the House.
Good political leaders and better political strategies help a country achieve a higher level of development, more than even the resources. ... Nepal lacks the number of good leaders and that's why its still under the list of underdeveloped nations even though it has tremendous amount of resources.