The United States abandoned the ________ because the government wanted to rapidly expand the money supply in response to the Great Depression.

Question

Quizplus · Accepted Answer

The government's decision to expand the money supply during the Great Depression meant that it could no longer maintain the fixed exchange rate that was required under the gold standard. As a result, the United States abandoned this system in 1933.

The United States Abandoned the ________ Because the Government Wanted