Gold standard

From ACT Wiki
Revision as of 15:15, 11 December 2019 by imported>Doug Williamson (Classify page.)
Jump to navigationJump to search

A monetary agreement under which national currencies were backed by gold, and gold was used for international payments.

Most countries abandoned the gold standard for their currencies during the 20th century.


See also


Other links

Currency wars and the fall of empires www.pieria.co.uk