Supporters of bimetallism offer three arguments for it: (1) the combination of two metals can provide greater monetary reserves; (2) greater price stability will result from the larger monetary base; and (3) greater ease in the determination and stabilization of exchange rates among countries using gold, silver, or bimetallic standards will result.
Depositors lost their savings
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Reagan campaigned for increased defense spending, implementation of supply-side economic policies, and a balanced budget. His campaign was aided by Democratic dissatisfaction with Carter, the Iran hostage crisis, and a worsening economy at home marked by high unemployment and inflation.
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King John
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John angered his own nobles with oppressive taxes and other abuses of power. In 1215, a group of rebellious barons cornered John and forced him to sign the Magna Carta, or great charter. In this document, the king affirmed a long list of feudal rights. Besides protecting their own privileges, the barons included a few clauses recognizing the rights of townspeople and the Church.
Among other clauses in the Magna Carta that would have lasting impact were those that protected freemen from arbitrary arrest, imprisonment, and other legal actions, except “by legal judgment of his peers or by the law of the land.”
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Iranian Revolution, also called Islamic Revolution, Persian Enqelāb-e Eslāmī, popular uprising in Iran in 1978–79 that resulted in the toppling of the monarchy on February 11, 1979, and led to the establishment of an Islamic republic
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