subject
History, 02.08.2019 22:20 cvannesacanto

Why did the united states abandon the gold standard in the 1930s? the government wanted to rapidly expand the money supply in response 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.

ansver
Answers: 3

Another question on History

question
History, 22.06.2019 06:40
Examine the dates in this timeline: • 1918: the ottoman empire loses control of iraq to the britishfollowing world war i.• 1932: the kingdom of iraq is granted its independence from greatbritain• 1945: mustafa barzani leads a failed rebellion against the iraqigovernment• 1948: the al-wathbah uprising results in protests against the iraqigovernment before it is violently suppressed.• 1958: the kingdom of iraq is overthrown by military leaders whoestablish the republic of iraq,• 1980: iraq invades iran, launching the iran iraq war.• 1990: iraq invades kuwait but is defeated by united nations forcesled by the united states.• 2003: the united states and its allies invade iraq and remove itsdictator, saddam hussein.which title would best suit the period in iraqi history from 1980 through1990? a. the era of political instability and protestb. the era of american involvementc. the era of iraqi aggressiond. the era of early iraqi independence
Answers: 1
question
History, 22.06.2019 07:30
What was a goal of the treaty of versailles? question 4 options: to germany rebuild its industry to build better roads and factories in germany to make sure germany did not invade france in the future to give great britain and the united states credit for their in wwi
Answers: 2
question
History, 22.06.2019 08:00
What issue led to the split in the democratic-republican party in the late 1850s
Answers: 1
question
History, 22.06.2019 10:00
Clara barton was the first nurse in the united states of america. true or false?
Answers: 1
You know the right answer?
Why did the united states abandon the gold standard in the 1930s? the government wanted to rapidly...
Questions
question
Mathematics, 07.07.2019 18:30
question
Mathematics, 07.07.2019 18:30
Questions on the website: 13722359