How was the dollar affected when the U.S. adopted the gold standard?
Group of answer choices

People began hoarding dollars.

It gained in value.

It lost value.

More dollars went into circulation.

Answers

Answer 1

Answer: It gained in value.

Explanation: The gold standard allowed dollars to be exchanged with gold, making a dollar worth more since it now had a clear value.

Answer 2

The dollar gained in value when the U.S. adopted the gold standard. Thus option (b) is correct.

What is the gold standard?

The gold standard refers to a benchmark or a criteria of excellence against which other things are compared. The government decided to use the gold standard as gold was the strongest asset.

The gold standard is a monetary system in which the value of a country's currency is directly linked to gold. Under this system, paper money and coins are redeemable for a fixed amount of gold.

The gold standard was widely used in the 19th and early 20th centuries, but it has been largely abandoned in favor of fiat currency, which is not backed by a commodity like gold.

The dollar gained in value when the U.S. adopted the gold standard. Therefore, option (b) is correct.

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Related Questions

BASEBALL!!! Physical ed assignment Match the baseball stars with their current team

BASEBALL!!! Physical ed assignment Match the baseball stars with their current team

Answers

Answer: 1. Padres

2. Dodgers

3. Mets

4. Braves

5. Twins

6. Astros

7. Blue Jays

8. Phillies

Explanation: Watch baseball and you’ll learn

in1851 London England hosted the great exhibition which displayed goods and oddities gathers from remote and exotics locations brintans empire what kind of victorian's era thinking did the great exhibition demonstrate


Pls help fast​

Answers

The Great Exposition served as a display of British excellence. It was believed that visitors from other countries would view Britain's accomplishments, traditions, and organisations favourably after six months.

What was the Great Exhibition in Britain?

The 1851 exhibition featured manufactured goods for the first time at a worldwide level. Numerous other cities, which include Chicago, New York, Vienna, Paris, Dublin, but almost every other year for the rest of the 19th century, held their own foreign fairs as a result of it.

Among the thousands of other artefacts on display were full-scale hydraulic presses, steam engines, chariots, firearms, porcelain, enamels, carpets, and even the 186 carat Koh-i-Noor diamond. During the performance, you can live stream or make use of a hashtag. Interaction on social media during the show may boost interest in your company.

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how did comman sense help the patriots ?

Answers

By promoting the idea of American exceptionalism and the need to form a new nation to realize its promise, Paine's pamphlet not only attracted public support

Answer:

Through cooperation, unity and collaboration.

Explanation:

Common sense helps patriots to understand the consequences of inter-city conflicts that weaken strong countries. Here, they plan achievable objectives with other people and make decisions by desisting from negative situations, for the nation growth and stability

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3. The Declaration of Independence was written to inform the British government that the colonists wanted to break away
False
True

Answers

Answer:

True

Explanation:

The main purpose of America's Declaration of Independence was to explain to foreign nations they had chosen to separate themselves from Great Britain.

Why is it important to tell people about Jesus' sacrifice (death)?

Answers

it is important because it is a way of spreading the word of god and partner with the holy spirit in that work.

People who have higher levels of openness oran ability to see issues from multiple perspectives tend to have

Answers

Answer: People who have higher levels of openness or an ability to see issues from multiple perspectives tend to have a more diverse group of friends.

Multiple perspective is having knowledge of different concepts and environments.

People who have multiple perspectives tend to be more creative in general, are more likely to pursue creative achievements, engage in divergent thinking, and take part in creative hobbies

Answer:

tend to have a more diverse group of friends.

Explanation:

Cuz We know

The first agricultural revolution resulted in the

Answers

Answer:

The First Agricultural Revolution was the transition of humans from nomadic hunting/gathering to sedentary agricultural production of domesticated plants and animals. A result of the warming period directly after an Ice Age, the first place to of recorded this Revolution was the Fertile Crescent in the Middle East.

The Agricultural Revolution of the 18th century paved the way for the Industrial Revolution in Britain. New farming techniques and improved livestock breeding led to amplified food production. This allowed a spike in population and increased health. The new farming techniques also led to an enclosure movement.

4. What did the former vice president of the world bank say?*
Water will never be as important as money.
The wars of the twenty first century will be fought over water.
Water will be more valuable than money.
The wars of the twenty first century will be fought over land.

Answers

The former vice president of the World Bank said, "Water will be more valuable than money."

The former vice president of the World Bank stated that "Water will be more valuable than money." This statement reflects the recognition of the increasing significance and scarcity of water resources in the 21st century. The remark suggests that the future conflicts and disputes will not be primarily over money or land, but rather over access to and control of water.Water scarcity is becoming a pressing global issue, as population growth, urbanization, climate change, and industrial demands exert pressure on water supplies. The former vice president's statement highlights the critical role of water in sustaining life, ecosystems, and economic activities. It implies that the competition for water resources could surpass the importance of financial wealth.By emphasizing the value of water, the statement also underscores the need for sustainable water management practices, conservation efforts, and equitable distribution to prevent potential conflicts. It calls for recognizing the significance of water as a finite and essential resource that transcends monetary value.In summary, the former vice president's statement reflects the growing awareness of the increasing value and scarcity of water, suggesting that water will be more valuable than money in the future. This statement highlights the need for proactive measures to address water challenges and promote sustainable water resource management globally.

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i will mark you brainliest please help me with this

i will mark you brainliest please help me with this

Answers

Answer: Economy

Explanation:

Much like in politics, war is usually decided by money. Who has enough money to finance the war campaign such that their soldiers can get the best equipment and means to keep up the war effort.

The North had that advantage over the South and other advantages flowed from this. With a superior economy which was based on industry and finance, the North could levy taxes and collect more money from their people than the South could.

With this money they were able to buy better guns, better equip their navy, supply food to their soldiers and transport them around on railroads as well. The economy of the North made it such that they had a resource advantage over the South and they used this to their advantage from the mid to the late stages of the war.

Read the passage from the Bhagavad Gita.

A person can never achieve freedom from reactions to activities without first performing prescribed Vedic duties; neither can perfection be attained by renouncing them as well.


–Bhagavad Gita


How does the passage use cause and effect to present information?


The passage compares two similar actions.

The passage contrasts two very different actions.

The passage describes a result of specific actions.

The passage explains a multistep process to complete. doing unit test review pls answer~~~~

Answers

Answer: The passage describes a result of specific actions.

thats the right answer ok ;)

Explanation:

Answer:

C: The passage describes a result of specific actions.

I took the test on edg

With the invasion of Poland,
launched World War II.
A) Czechoslovakia
B) Germany
C) the Soviet Union
D) France

With the invasion of Poland,launched World War II.A) CzechoslovakiaB) GermanyC) the Soviet UnionD) France

Answers

Answer:

Germany

Explanation:

Germany invaded Poland to regain lost territory and ultimately rule their neighbor to the east. The German invasion of Poland was a primer on how Hitler intended to wage war–what would become the “blitzkrieg” strategy.

PLEASE I NEED
UR HELPPP

PLEASE I NEEDUR HELPPP

Answers

Answer:

Congress passes new charter for BankJackson vetoes new charter Jackson removed government money from Bank. Government's money put in state banks Bank's charter expiresSecond Bank of United State closes

Describe where the Santa Fe trail starts and ends

Answers

Answer:

the santa fe trail starts in missouri and ends in new mexico

Explanation:

2. Apply knowledge of context clues to determine
the meaning of manifests as it is used in section.
number 8 of the article. Cite evidence to support
your definition. The power of the hero’s journey

Answers

To determine the meaning of word using context clues, you need to look at the words and phrases that come before and after the unfamiliar word.

What is a phrase?

A phrase is a group of words that functions as a single unit in a sentence. It does not have a subject or a verb, and it can be used in different parts of a sentence. Phrases can be categorized based on their structure and the function they serve in a sentence. Some common types of phrases include noun phrases, verb phrases, prepositional phrases, and participial phrases. Noun phrases consist of a noun and other words that modify it, while verb phrases consist of a verb and its complements. Prepositional phrases begin with a preposition and end with a noun or pronoun, while participial phrases consist of a participle and any modifiers or complements it may have. Understanding the different types of phrases can help improve one's writing and communication skills.

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List 4 battles in the American Revolution but in order.

Concord
Boston
Bunker Hill
Fort Ticonderoga

Answers

Answer: Boston

Concord

Bunker Hill

Fort Ticonderoga

History is my specialty (:

Explanation:

boston is the answer

In the late 1800 why might a potential new factory employee refused to sign a yellow contract

Answers

Answer:

In the late 1800s, a potential new factory employee might have refused to sign a yellow contract because it was a contract that was used to exploit and take advantage of low-wage workers. The contracts often included long hours, low wages, and limited benefits. This was a common practice in some industries during this time and workers were often not given the option to negotiate better terms.

Explanation:

The Taj Mahal was built as a tomb for the wife of Shah Jahan, the emperor of India who ruled from 1628 until 1658. Which of the
following architectural styles most influenced the design of the Taj Mahal?
OA. Greek architecture
OB. Roman architecture
OC. Islamic architecture
OD. Egyptian architecture

Answers

Answer: it is c Islamic

Explanation:

What was required for a southern state to re-enter the union under president johnson

Answers

Answer:

To gain admittance to the Union, Congress required Southern states to draft new constitutions guaranteeing African-American men the right to vote. The constitutions also had to ratify the Fourteenth Amendment, which granted African Americans equal protection under the law.

Explanation:

Answer:As Southern states applied for readmission to the Union, they were required to submit state constitutions that ratified the Thirteenth, Fourteenth, and Fifteenth Amendments. Grant also kept soldiers in the former Confederacy

Explanation:

A department store is selling a denim jacket for $60. It will be on sale next week for $42.
What is the percent of change in the price of the jacket?

Answers

Answer: 30%

Explanation: The answer would be 30%. (decrease) This is how I got this:

(First, I would show you the formula)

Formula= Old amount - new amount/ old amount. Quotient x 100 = answer.

Old amount = 60

New amount= 42

60-42 = 18

18/60 = 0.3

0.3 x 100 = 30%

Answer = 30% decrease

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Write about what Black femininity and motherhood looks like, what does it mean to be a black mother and or a black daughter to a black mother. How does this relate to black power?​

Answers

Now i am not black

But, I have grown up with them.

I am not a female

But, I have grown up with them.

I do not have a child

But, I am one.

I think the motherhood of a black child is beautiful. Black mothers are almost always more protective and caring then white parents, and the kids are more apreaciative of their mothers.

What can history teach us

Answers

Answer:

About the world

Explanation:

Political issues would be solved if political parties were eliminated or new ones were created. True or False​

Answers

The answer is false.

The Jungle, written by ________ exposed unsanitary and unsafe practices in meatpacking houses.

A) Lincoln Steffens
B) William J. Bryan
C) Robert Marion La Follette Sr.
D) Elizabeth Cochran
E) Upton Sinclair

Answers

Answer:

the answer is E

Explanation:

In colonial America how was the house of burgeses significant

Answers

Answer:

The House of Burgesses was important because it was the first legislative and democratic government in America. The House of Burgesses played a very important role in the American Revolutionary War, as well as in the creation of an organized, democratic government for the newly created America.

How did the demand for “New World” trade and goods encourage the practice of Mercantilism?

Answers

The demand for New World trade and goods encouraged mercantilism by driving nations to seek economic dominance and maximize exports.

The demand for "New World" trade and goods in the era of exploration and colonization played a significant role in encouraging the practice of mercantilism. Mercantilism was an economic theory prevalent during the 16th to 18th centuries, which aimed to maximize a nation's wealth and power through the regulation of trade.The discovery of vast resources in the New World, such as precious metals, spices, and other valuable commodities, led to a surge in demand for these goods in Europe. Nations realized that controlling and monopolizing these resources would provide them with a competitive advantage in international trade.Mercantilism emphasized the acquisition of wealth through a favorable balance of trade, wherein a country aimed to export more than it imported. This encouraged nations to establish colonies and exploit their resources to meet the growing demand for New World goods.Governments imposed strict regulations on trade, such as tariffs, subsidies, and monopolies, to ensure their nation's economic prosperity and self-sufficiency. By controlling the flow of goods and maximizing exports, countries believed they could accumulate wealth, strengthen their economies, and enhance their military and political power.In summary, the demand for New World trade and goods fueled the practice of mercantilism as nations sought to capitalize on the resources and establish dominance in the global trade network for economic and geopolitical advantages.

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What things influenced the ideas about government in the new United States?

Why do you think there was a need to separate government powers and limit any one person’s power?

What powers did the Articles of Confederation grant Congress?

What was the most important item in the ordinance, in your opinion?

Answers

There were several things that influenced the ideas about government in the new United States. One of the main influences was the Enlightenment, a movement in the 18th century that emphasized the importance of reason, science, and individual rights. This movement helped to shape the founding fathers' ideas about democracy and the role of government in protecting the rights of citizens.

There was a need to separate government powers and limit any one person's power in order to prevent the concentration of power in the hands of a single individual or group. The founders of the United States believed that a system of checks and balances was necessary to prevent abuses of power and to ensure that no one branch of government became too powerful.

The Articles of Confederation, which were the first form of government in the United States, granted Congress the power to declare war, make peace, and conduct foreign affairs. Congress also had the power to regulate the mint, issue money, and regulate trade with foreign nations.

In my opinion, the most important item in the Articles of Confederation was the creation of a national government that had the power to act on behalf of the states. This was important because it allowed the newly independent states to work together to address common issues and to negotiate with foreign powers as a united entity. The creation of a national government was a significant step in the development of the United States as a nation

How was the Gulf of Tonkin Resolution received in Congress?
A. It was nearly unanimously supported
B. They were actively opposed to it
C. It divided Congress by party lines

Answers

President Lyndon Johnson was given permission by the Gulf of Tonkin Resolution to "take all necessary means to repel any armed attack against the forces."

How did Congress react to the Gulf of Tonkin Resolution?

The Gulf of Tonkin Resolution was approved by both the House of Representatives and the Senate with only two votes against it. Congress voted in favor of the resolution under the presumption that the president would come back and get their approval before escalating the conflict further.

What was the purpose of Congress's support for the Gulf of Tonkin Resolution?

In the resolution, it was stated that Congress "adopts and supports the commitment of the President, in his capacity as Commander in Chief, to take all necessary actions to repeal any armed attack against the forces of the United States and to prevent any further aggression." Later, President Nixon and President Johnson .

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How did the Court support its decision that slave owners' property in the form of slaves was protected by the Fifth Amendment?

Answers

Answer: They defined wether or not a slave should be considered a person protected by northern laws or property of a master

Explanation:

Which feature of the calendars developed by Ancient Egyptians do we still use today?

Answers

Answer:

They invented using 365 days in a year.

Explanation:

Which court system has general jurisdiction? What does that mean?

Answers

Answer:

General jurisdiction is a term used to describe courts that do not have limits on the type of cases they can hear.

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