The United States returned to the gold standard in what year?
A) 1870
B) 1919
C) 1925
D) 1932
E) 1934

Name: The United States returned to the gold standard in what year? A) 1870 B) 1919 C) 1925 D) 1932 E) 1934
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

The United States returned to the gold standard in 1934 with the passing of the Gold Reserve Act. This ended the use of gold certificates as currency and required the Federal Reserve to hold gold equal to 40 percent of their outstanding paper currency.

The United States Returned to the Gold Standard in What