The decline in the gold standard was due to:

Question

Quizplus · Accepted Answer

The decline in the gold standard was primarily due to the economic instability caused by World War I and the Great Depression. These events led to a breakdown of the traditional gold standard, as governments faced pressures to print more money in order to fund their war efforts and protect their currencies from devaluation. This ultimately led to the abandonment of the gold standard in many countries and the adoption of flexible exchange rates.

The Decline in the Gold Standard Was Due To