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snow_lady [41]
3 years ago
7

Why did the United States abandon the gold standard in the 1930s? The government wanted to rapidly expand the money supply in re

sponse to the Great Depression. The Treasury Department in the United States found it was cheaper to print paper money instead of gold coins. The government wanted to move away from a floating exchange rate system to a fixed exchange rate system. New sources of gold were discovered, so the price of gold plummeted, dramatically reducing the value of the dollar.
History
1 answer:
baherus [9]3 years ago
6 0

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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What often happens to rocks that undergo chemical weathering? A. They for . They become stronger. D. They crumble more easily
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Crumble easier getting smaller due to the weather doesn’t strengthen something
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How was the first encounter between the English puritans and the Pequot?
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Answer:

The Pequot War was an armed conflict that took place between 1636 and 1638 in New England between the Pequot tribe and an alliance of the colonists of the Massachusetts Bay, Plymouth, and Saybrook colonies and their allies from the Narragansett and Mohegan tribes. The war concluded with the decisive defeat of the Pequots. At the end, about 700 Pequots had been killed or taken into captivity.[1] Hundreds of prisoners were sold into slavery to the West Indies;[2] other survivors were dispersed as captives to the victorious tribes.

6 0
3 years ago
What did president Andrew Jackson do that caused no other states to support South Carolina?
Rudiy27

Answer: well it did not satisfy south Carolina, and on November 24, 1832, and a state convention adopted the Ordinance of Nullification , which declared that the Tariffs of 18 28 and 1832 were unconstitutional and unenforceable in South Carolina after February 1, 1833

Explanation:

3 0
3 years ago
1. Why did Native American tribes want to bury the remains of Kennewick Man rather than
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Because they believe he is an ancestor, they want to give him a proper burial.

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8 0
2 years ago
Match the instrument with the culture in which it is most used. 1. maracas Irish 2. bagpipe Welsh 3. crwth Scottish 4. accordion
sergey [27]
1.  Maracas are Puerto Rican

Although many people believe them to be Spanish, they are actually related to Puerto Rico and the Caribbean nations that exist in the Americas. They are like balls full of things and when you shake them you get sound and they are always present in traditional or national Latin American music. They are even found south in places like Brazil.

2. Bagpipe is Scottish

They are a traditional Scottish instrument that has been around in that area for more than a thousand years. They look like a baloon, or a bag, that has pipes coming out of it, and when you blow into a pipe the sound comes out and it is very recognizable. Similar instruments have been found however in areas such as Asia or the Middle east.

The correct answer for 3 is Welsh

The Crwth, or commonly known and read as a crowd or a rote is a type of a lyre that has been traditionally used on the British isles. Although their popularity in Europe was reduced, they are still found in traditional songs in wales with numerous national songs composed specifically for the Crwth and is found at public gatherings.

The correct answer for 4 is Irish

Accordions are used a lot in Ireland and in their folk songs and tradition but have also been found worldwide and are not as region specific as the other instruments mentioned here. Of course, they are a part of their national heritage and numerous folk songs in Ireland are sang to an accordion.

8 0
2 years ago
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