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AP US History
Unit 6 – Industrialization and the Gilded Age, 1865–1898
Topic 6.12
If Gold Standard Act wasn't passed in 1900, how might it have affected the American economy?
America wouldn't have established an international monetary system based on gold at Bretton Woods Conference,1944.
The US economy would've instantly collapsed without gold backing its currency.
Gold prices would have decreased significantly.
There could've been significant economic instability and fluctuation due to less constrained money supply.
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AP US History - 6.12 Controversies over the Role of Government
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Gold Standard Act
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About Fiveable
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Resources
Cram Mode
AP Score Calculators
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Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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