Answer:
In 1973, the US monetary and financial system changed as the United States officially abandoned the gold standard for setting the value of US dollar, making it a free-floating fiat currency. This was part of the Nixon Shock, that started in 1971.
Explanation:
Nixon Shock is the colloquial name for the decision of President Richard Nixon, de-facto issued on August 15, 1971 and officially confirmed in 1973, which abolished the previous convertibility of the US dollar against gold. It repealed the Bretton Woods system, which fixed exchange rates between the world's leading currencies within limited parameters, therefore enabling "floating" exchange rates that have become a feature of the world economy to this day.
Nixon's decision was prompted by a sharp rise in US public debt caused in the previous decade by the unforeseen high costs of the Vietnam War and the so-called extensive social programs. Nixon's shock enabled the devaluation of the dollar and had positive effects on the American economy in the short term.
In order for the constitution to be amended it must be passed by the federal government and it also has to be passed by 3/4 of the states... the whole point of federalism is that in addition to a central government (the united states federal government) there are separate sovereign states or provinces (individual states)
because an amendment needs the blessing of both the federal government and the states it demonstrates federalism
Your answer will be: Equal owners of property and goods.
The supporters wanted to make sure they'd get something out of it. Most of the other answer choices don't really have an overall gain for the people, as they wanted things for themselves.
<u>Canada's aftermath of WWI affect:</u>
- The economy of Canada was under great debt after the end of the world war 1.
- In the world war 1, Canada was part of the British group. So when the British troop declared war on Germany, Canada automatically became a part of the war and the Canadian troops were sent for war.
- This resulted in the huge rising of debts on the Canadian troops and the government.
- With the help of the victory bonds, the government of the Canada had to borrow money from the people of Canada. This resulted in even more debt on the government.