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How did staying on the gold standard make the Great Depression worse?

Sagot :

jaydenrife2005

Answer:

The United States and other countries on the gold standard couldn’t increase their money supplies to stimulate the economy. Great Britain became the first to drop off the gold standard in 1931. Other countries soon followed. But the United States didn’t abandon gold for another two years, deepening the pain of the Great Depression.

Explanation:

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