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The government adopted the gold standard.

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Q: How did the US government make the American public have confidence in the nation's currency in the 1870S's?
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How did the U.S. government make the American public have confidence in the nations currency in the 1870s?

The U.S. government established the gold standard in the 1870s, backing the currency with gold reserves to give it intrinsic value. This helped restore confidence in the nation's currency and stabilize its value, ultimately leading to increased trust in the financial system. Additionally, the government worked to reduce inflation and maintain the currency's purchasing power.


What is The value of a foreign nations currency in terms of the home nations currency?

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When was United Nations Confidence Restoration Operation created?

United Nations Confidence Restoration Operation was created in 1995.


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Do you think the standard imf policy prescriptions of tight monetary policy and reduced government spending are always appropriate for developing nations experiencing a currency crisis?

Do you think the standard IMF policy prescriptions of tight monetary policy and reduced government spending are always appropriate for developing nations experiencing a currency crisis


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The American Revolution was important in world history because?

other nations have used the U.S. government as a model