The gold standard is a monetary system where a country's currency or paper money has a value directly linked to gold. With the gold standard, countries agreed to convert paper money into a fixed amount of gold. A country that uses the gold standard sets a fixed price for gold and buys and sells gold at that price.
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The consequences of the Black Death were numerous and varied. Countless workers died, ravaging families through failed means of survival and causing personal affliction; landowners who used laborers as tenant farmers were also impacted. It is estimated to have abolished 30 percent to 60 percent of the European population.
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B.) Rising debt and poverty
Explanation:
Yes
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