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MArishka [77]
3 years ago
7

Why did both major parties consider the gold standard important

History
1 answer:
Nitella [24]3 years ago
3 0

Gold standard is when a country associates the currency of the nation to the reserve of the gold. For example, a country can give a currency and get gold respectively for that value of the currency.

One of the advantages of gold is that it drops inflation because too much money pursuits too few goods and the purchasing power of the people increase and there will be no shortage in the nation’s fiscal budget.

One of the major disadvantages is its feasibility and liquidity unlike US Dollars. During Great Depression US was unable to redeem all its gold reserve to dollars due to the people’ purchasing power went drastically low.

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Risk of fire, lack of running water, potential for diseases to spread, inability to remove trash, lack of sanitation.

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I meant C

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How were various peoples of europe and asia affected by travel along the silk road
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In the first century CE, during the reign of Emperor Tiberius, silk had become a big problem. The luxury fabric, imported at great cost from China, had become a symbol of decadence and excess among Romans. In order to make their supply of silk last longer, merchants unraveled and re-wove their fabric into thinner, sheer garments. This practice had a side-effect of making the garments nearly transparent.

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How was agriculture boosted in the war of 1812?
snow_lady [41]

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6 0
3 years ago
How did the success of independence movements affect Kenya and Algeria
Sindrei [870]

Answer:

Correct Answer:

A. Kenya established a liberal democracy after winning  independence, while Algeria adopted a one-party government.

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Kenya and Algeria are two countries in the African continent that gained independence from their Colonial Masters after much pressure. When their independence was gotten, both countries choose different pathways on how to govern and administer democracy to their citizens.

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