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MAXImum [283]
3 years ago
13

Before the great depression the United States use go to back up the currency issued why was the use of this gold standard most l

ikely a factor was led to the great depression
History
1 answer:
Salsk061 [2.6K]3 years ago
6 0

Answer:

The government was unable to issue more coins than gold.

Explanation:

The government was unable to issue more coins than gold. This created a strong imbalance that grew on a very rapid scale and hampered the maintenance of the local economy, which contributed to the complete economic lack of control that the country experienced during the great depression.

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