At its peak in 1913, the gold standard system had been adopted by_______ of countries.
A) 85%
B) 35%
C) 13%
D) 70%

Question

Quizplus · Accepted Answer

At its peak in 1913, the gold standard system had been adopted by approximately 70% of countries. This system involved countries fixing the value of their currency to a specific amount of gold. However, the system began to decline in the aftermath of World War I and was abandoned by most countries by the mid-20th century.

At Its Peak in 1913, the Gold Standard System Had