bigc3ony bigc3ony
  • 02-02-2022
  • Social Studies
contestada

How did staying on the gold standard make the Great Depression worse?

Respuesta :

jaydenrife2005
jaydenrife2005 jaydenrife2005
  • 03-02-2022

Answer:

The United States and other countries on the gold standard couldn’t increase their money supplies to stimulate the economy. Great Britain became the first to drop off the gold standard in 1931. Other countries soon followed. But the United States didn’t abandon gold for another two years, deepening the pain of the Great Depression.

Explanation:

Answer Link

Otras preguntas

Scientists have discovered a new planet with many craters. Which of the following would be an appropriate hypothesis? The craters on the planet indicate that t
Passenger's seat or passengers seat?
Which of the following best describes a difference between the nonspecific and specific immune responses? A. The nonspecific response is based only on physical
how do you divide by a monomial
Which best explains why the cultural revolution was a setback to china’s modernization?
Jefferson davis played what role in the civil war?
Please help me on this thank you
Which terms describe space objects that are small chunks of rock and debris that are smaller than 1 km? meteoroids asteroids meteors meteorites comets
According to gay-lussac’s law: select one: a. pressure is inversely proportional to volume at constant temperature. b. pressure is directly proportional to te
the novel the awakening by chopin, how does the lady in black function in the novel