josheale8471 josheale8471
  • 02-04-2018
  • Social Studies
contestada

What happened to the gold standard in 1933?

Respuesta :

MsClementine
MsClementine MsClementine
  • 14-04-2018
The US currency went off the gold standard.

The Great Depression was causing people to hoard gold. So using gold to back the dollar was no longer feasible because gold was untenable. Franklin Roosevelt made the decision to take the US off of gold.
Answer Link

Otras preguntas

why might a Pioneer have wanted to cross the Appalachian mountains in the late Seventeen hundreds
when this current is closed which way does the current flow
1.)Plants exhibit different types of responses to events that occur in the environment. Which of the following is an example of a nastic response? a. roots gro
Which of the following would most likely be a cause of primary succession?
The 14 lines of a Petrarchan sonnet are made up of
What direction does the Tiber river flow?
what two activities are carried out by all species of living things
Why are the poles colder than the equator?
Which verb agrees with the subject of the sentence? The sky behind the smooth, bare branches _____ a bright and cheery blue. A. is B. glow C. are
_______________ is a type of art reflected the belief that the dead could continue to enjoy their favorite activities.