Answer:
In the 1930s, the United States abandoned the gold standard because the government wanted to rapidly expand the money supply in response to the Great Depression.
Explanation:
The Gold Standard monetary system was abandoned during the years after the Great Depression of 1929 to prevent prices and wages from falling in response to a general reduction in global demand, so that adjustments fell on the total amount of employment. Under these conditions, the depreciation of the exchange rate (that is, the abandonment of the pure gold standard) was considered "less painful" (in order to reduce exports). This prevented the reduction of wages, especially since the pressure of the unions imposed this kind of policy in some way. And all this in addition without taking into account that all countries, sooner or later, would adopt the same policy, resort to devaluation, with which the destruction of employment for years was inevitable.
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Prosperity.
Calvin Coolidge was in office as president from 1923 to the spring of 1929. In that period of the "Roaring Twenties," the country experienced great economic success -- in between the brief depression that followed World War I and the Great Depression that began with the stock market crash that occurred in the fall of 1929.
Wealthy businessmen and rich tenant farmers.
Urbanization. As industrial innovations took off, more factory jobs were available, more people moved to dense cities, and urban construction grew.
