answersLogoWhite

0

Gold standard.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

When was Grand Prix des Nations created?

Grand Prix des Nations was created in 1932.


When was Money Means Nothing created?

Money Means Nothing was created in 1932.


Is a nations money?

CURRENCY


How much was 2250000 in todays money worth in 1932?

$36,450,770.55


When were the California Olympics?

The 1932 Summer Olympics was held in Los Angeles, California in 1932. There were 1,332 athletes in attendance from 37 nations. The opening ceremony was held on July 30th and the closing ceremony on August 14th.


What has the author Margaret La Foy written?

Margaret La Foy has written: 'The Chaco dispute and the League of nations' -- subject(s): Chaco War, 1932-1935, League of Nations


What does the House of Represenatives have to do with the nations money?

Spend it.


How much was 500000 Pounds of English money worth in 1932 to English money in 2011?

It would be £23,650,000 (2012)


Does Italy owe money to United Nations?

Yes.


Why do most nations use fiat money today?

Most nations use fiat money because it is easier to manage and regulate than commodity-based currencies, such as gold or silver. Fiat money allows governments and central banks to control the money supply, enabling them to respond effectively to economic conditions, manage inflation, and implement monetary policy. Additionally, fiat money is more flexible and can support modern economies by facilitating trade and transactions without the limitations of physical commodities.


What is an economic policy based on a nations wealth?

Mercantilism


What was the idea that a nations power was based on its wealth?

mercantilism