The United States was on a gold standard throughout its history until the Great Depression.

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The United States was not on a gold standard throughout its entire history until the Great Depression. The country officially adopted the gold standard in 1879, and it was suspended during the Civil War period when the government issued paper currency (greenbacks) that was not backed by gold. The gold standard was effectively abandoned in 1933 during the Great Depression.

The United States Was on a Gold Standard Throughout Its