Read 13 times.
Liked by 1 person.


Related Finance Topics:
Financial History
Public Finance


Gold Standard

Back to Finance Glossary | Previous Page

The gold standard is a monetary system in which the standard economic unit is a fixed weight of gold.

Most governments abandoned the gold standard during the Great Depression and in other times of crisis because it does not provide the monetary flexibility to pay for emergency spending.

Take a Quiz! Who Needs a Law Degree?
A Decade of Dow
Master of Student Loans
The Selfless Economist
Is Your Money Safe?

More Quizzes

Latest Articles Related to Gold Standard


The Gold Standard Revisited

July 26, 2010 | Carl Smith

If you find this information useful, please help us by sharing it with others.


Back to Finance Glossary | Previous Page

This web site is intended only to convey information. It is not to be construed as an investment guide or as an offer or solicitation of an offer to buy or sell any securities. The author has taken all usual and reasonable precautions to determine that the information contained in this website has been obtained from sources believed to be reliable.

Your Ad Here