Register

Before the great depression in the United States used gold to back up the currency it issued. Why was this use of gold standard most likely a factor which led to the Great Depre…

Before the great depression in the United States used gold to back up the currency it issued. Why was this use of gold standard most likely a factor which led to the Great Depre…
77.7k views
3 votes
Before the great depression in the United States used gold to back up the currency it issued. Why was this use of gold standard most likely a factor which led to the Great Depression?

User Les Nightingill
by
8.7k points

1 Answer

0 votes
Because they were using a lot of money so the country ran out of money leading to the Great Depression

User Pablo Pantaleon
by
8.6k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

What goal of the constitution was also a goal of the Magna Carta?
is it true or false that after the american revolution conflicts in the northwest territory erupted between remaining british soldiers and native americans
How did world war 1 affect the racial and ethnic makeup of american cities
Link Copied!