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Inga [223]
3 years ago
13

What was the effect of the gold standard act of 1990

History
1 answer:
timurjin [86]3 years ago
5 0

The purpose of the Gold Standard Act of 1900 was to settle the debate over the relative value of gold and silver and which should be preferred over the other in the United States monetary system. During the Civil War paper money had been introduced which promised to redeem on demand the money in either gold or silver.

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