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Nikitich [7]
3 years ago
7

What ethnic groups were left without nations after the nationalist movements in the nineteenth century

History
1 answer:
Sav [38]3 years ago
8 0
Kurds
Palestinians
India
Catalonia
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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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