Gold Standard During the Great Depression
Which of the following was true of the gold standard during the Great Depression?
AMany wealthy families who hoarded gold went bankrupt, weakening society.
BThe abandonment of the gold standard brought significant wealth to silver-bloc countries.
CIt became an accepted economic principle that nations should return to the gold standard.
DCountries that remained on the gold standard maintained stronger economies.
EAbandoning the gold standard allowed governments to stimulate domestic spending.
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