Question

Before the United States used Fiat money, we based our currency on an exchange with a particular precious metal. What standard did the United States use before Fiat currency?

Answer 1

Gold Standard

Step-by-step explanation:

Answer 2

Answer: The correct answer is the United States used"gold" as the standard.

Explanation: The United States began abandoning gold in 1933, but it was not until 1971 that Fiat money became the norm.