What factor undermined the gold standard immediately following World War I?
A)Significant number of countries had to print more currency in order to finance the war effort
B)President Wilson took the United States off the gold standard because of unsustainable deficits
C)The war severely strengthened Britain's financial position
D)The continuous discovery of vast amounts of new gold that helped the economy grow

Question

Quizplus · Accepted Answer

The gold standard was undermined after World War I primarily because many countries had to print more money to finance their war efforts, which led to inflation and made it difficult to maintain fixed exchange rates based on gold.

What Factor Undermined the Gold Standard Immediately Following World War