Many countries abandoned the gold standard during the Great Depression because

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During the Great Depression, central banks needed to pursue active monetary policies, such as increasing the money supply, lowering interest rates, and devaluing their currencies, in order to stimulate their economies. However, these policies were difficult to implement under the gold standard, which limited the ability of countries to control their money supplies. Therefore, many countries abandoned the gold standard in order to pursue more flexible monetary policies.

Many Countries Abandoned the Gold Standard During the Great Depression