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Rainbow [258]
3 years ago
12

What is meant by the "GOLD STANDARD"?​

History
1 answer:
shusha [124]3 years ago
4 0
The Gold Standard was a system under which nearly all countries fixed the value of their currencies in terms of a specified amount of gold.
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The goal of the Social Security Act was to provide payments to older Americans.

<h3>What is social security?</h3>

The Social Security is a program established to cater for the well being of retirees in the USA and workers who become disabled.

Hence, the goal of the Social Security Act was to provide payments to older Americans.

Learn more about social security here : brainly.com/question/11225753

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