Why was the U.S. dollar important to international economics in the mid-20th century?
A. Businesses were only able to use U.S. dollars when buying foreign goods.
B. Countries valued the U.S. dollar highly because of the gold standard.
C. The U.S. dollar was the first currency to become a fiat currency.
D. Most countries replaced their own currency with the U.S. dollar.

Answers

Answer 1

The U.S. dollar was important to international economies in the mid 20th century because countries valued the U.S. dollar with gold standard.

Why is the U.S. dollar so crucial?

The history of the US dollar began with efforts by the USA's Founding Fathers to establish a national currency based on the Spanish silver dollar, which had been in use in the UK's North American colonies.

The new Congress's Coinage Act of 1792 established the US dollar as the country's fashionable unit of money, establishing the US Mint tasked with generating and circulating coinage.

Initially described as a bimetallic fashion in terms of a hard and fast amount of silver or gold, it officially followed the gold fashion in 1900, and subsequently removed all hyperlinks to gold in 1971.

Since the founding of the Federal Reserve System in 1913 as the crucial financial institution of the USA, the greenback has been typically issued in the shape of Federal Reserve Notes.

The United States greenback is the world's number one reserve currency, held by governments internationally to be used in worldwide trade.

The US Mint began producing the US greenback in 1792 as a neighborhood model of the famous Spanish greenback, or piece of 8, which was produced in Spanish America and widely circulated in the Americas.

The Spanish, US, and Mexican silver dollars all circulated side by side in the United States, and the Spanish dollar and Mexican peso remained illegal until the Coinage Act of 1857.

So it's clear that alternative B, countries valuing the U.S. dollar quite due to the gold fashion, is the suitable answer.

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Related Questions

American colonials overthrew _______________ rule and established the United States of America

Answers

Answer:

British

Explanation:

WHO WAS THE AMERICAN REVOLUTION FOUGHT AGAINST?!?!?!

reason: Taxation without representation, SO many acts...

What did the Rebellion accomplish? Did Berkeley and his followers appear to learn a lesson from the
uprising? For example, did they propose any reforms

Answers

Answer:

The rebellion didn't accomplish much, mostly destruction, and ended by Bacon dying from an illness and his followers were killed. All the rebellion did was added a less favoring of white men, and to gain the lower classes support they lower taxes. The rebellion also indirectly supported the growing slave trade.

Practitioners of this type of ancient medicine believe in balance and interconnectivity, and they practice acupuncture.

Answers

Answer:

Traditional Chinease medicine

Explanation:

Answer: Traditional Chinease medicine

Why were permanent settlements more advanced than hunter-gatherer societies? Improvements in farming were no longer necessary. Hunter-gatherers did not trade with people in settlements. People were able to specialize in activities other than farming. Families had fewer children because there was less work to do.

Answers

Answer: People were able to specialize in activities other than farming.

Explanation:

Hunter-Gatherers still had to go around hunting and foraging for food which meant that most of their time was taken by having to look for food. As a result they did not have the time to do much else.

Permanent settlements on the other hand had learnt how to farm and this led to them having food that they did not have to go around searching for as well as freeing more people of food labor because farming provided enough food to feed many.

This gave them more time to do other things such as becoming artisans which enabled their societies to develop technology and techniques that made them more advanced.

Answer:

C) People were able to specialize in activities other than farming.

Explanation:

Apart from Martin Luther,who below had a great influence on Protestant thought?

Answers

Martin Luther, a 16th-century monk and theologian, was one of the most significant figures in Christian history. His beliefs helped birth the Reformation—which would give rise to Protestantism as the third major force within Christendom, alongside Roman Catholicism and Eastern Orthodoxy.

While Andrew Jackson was president, American Indians were forced to walk long distances in harsh conditions to land the government had set aside for them. Which cause or effect statement is true about this time? A. Conflicts between European Americans and American Indians arose because Jackson was a hero of the common people. B. The Trail of Tears marked the first significant hostile exchange between European Americans and American Indians. C. Jackson appointed his friends to the Bureau of Indian Affairs, and it was those friends who passed the Indian Removal Act. D. A series of conflicts between European Americans and American Indians led to this situation, and more such conflicts would follow.

Answers

Answer:

I believe it is B

Explanation:

Answer:

It is a i had the same question and i got it right

Explanation:

What is the "unfinished work" Lincoln mentions in paragraph 3?

Answers

Answer:

A. reuniting the union

Explanation:

I got it right

What is the unfinished Lincoln mentions in paragraph 3?

Four score and seven years ago our fathers brought forth on this continent, a new nation, conceived in Liberty, and dedicated to the proposition that all men are created equal.

What is the unfinished work Lincoln mentions in the Gettysburg Address?

The “unfinished work” to which Lincoln refers is winning the Civil War.

This was during the American Civil War, which started on April 12, 1861, and ended on May 9, 1865. Hence, it is reasonable to say that the unfinished work that Abraham Lincoln referred to was most likely to end the war, reunite the North and the South, and abolish slavery

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According to the passage, what was the main reason that Pope Alexander VI sanctioned spanish colonization in the Americas?

Answers

Answer:

The main reason was spreading Catholicism to Native Americans. Hope this helps!

Explanation:

WILL MARK AS BRAINIEST

NEED HELP ASAP

(What is your perspective on the American dream?)

(In 7 sentences!!!!!!)

Answers

The American dream is achieved through sacrifice, risk-taking, and hard work, rather than by chance. It’s a set of ideas such as democracy, rights, liberty, opportunity, and equality. In which freedom it includes the opportunity for prosperity and success. It’s also an upward social mobility for the family and children. The American Dream is rooted in the declaration of independence which claims that “all men are created equal” with the right to life liberty and the pursuit of happiness. Also the U.S. constitution promotes similar freedom in the preamble. The American dream is mainly towards people who are a legal U.S. citizen or born in the U.S.


What is Lincoln's main idea in his first inaugural address

Answers

Answer:

President Lincoln's First Inaugural Address focused on reassuring the Southern states that the president would not try to strip them of their slaves and that he would try to find a way to help them secure slavery if it would make them happy.

Which event occurred because of the Kansas-Nebraska Act?
A) bleeding Kansas
B) the Compromise of 1850
C) the Missouri Compromise
D) California becoming a state

Answers

Answer:

It's A.bleeding Kansas

Answer:

A) bleeding Kansas.

Explanation:

The Kansas-Nebraksa Act created the territories of Kansas and Nebraska. The northerners and southerners knew that if these territories were to become states for their side that they would have a bigger political pull over the other. so both sides flooded the territories trying to get it to sixty thousand where it becomes allegeable for statehood. in the process there was immense fighting between the northerners and southerners which gave it nickname "Bleeding or Bloody Kansas)

"A general attack was made on the men by a great number of heavy clubs and snowballs being thrown at them, by which all our lives were in imminent danger...." Who is MOST likely to have said this about the Boston Massacre?

Answers

The person who made the given statement about the Boston Massacre is:

Captain Thomas Preston

The Boston Massacre is a tragic moment in American history when British soldiers who occupied Boston opened fire and killed a lot of people who were rioting.

As a result of this, there was a lot of backlash as the British were being defensive, saying that they were attacked ad acted in self defense.

The above statement was made by Captain Thomas Preston as he tried to justify the actions of his men against the protesters.

Therefore, the correct answer is Captain Thomas Preston

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The second European nation to arrive in the New World wa s...​

Answers

Answer:

Spain

Explanation:

these were the second European nation led by Christopher Columbus in October 12, 1492

the last words of the Declaration of Independence say." we mutually pledge to each other our lives, our fortunes, and our sacred honor." what did this mean?

Answers

The signers knew they could lose their lives for committing treason.

explain the benefits of studying history.

Answers

Answer:

to know the past a pass it on to others

Answer:Studying history helps us to develop a better understanding of the world in which we live Building knowledge and understanding of historical events and trends, especially over the past century, helps us to develop a much greater appreciation for current events today!

please give me a thxs and hope this is useful to you!

Explanation:

What explains why Anthony failed to balance his budget this month

Answers

The correct answer to this open question is the following.

Unfortunately, you did not include the options for this question or further context and reference. However, we can help with the following general comments.

Many people fail to balance their budget because they do not know how to establish priorities or they do not respect the priorities established at the beginning of the month. That is why is too important to be financially disciplined and only spend money on what is needed, instead of fall in the temptation of buying things that are not needed and were not considered priorities. If this happens, at the end of the month you will have a deficit and no money down to finish the month.  

For which of these questions could a testable hypothesis be developed? Check all that apply.
Does a flu shot hurt worse than a pneumonia shot?
Will breeding a red rose with a white rose make a pink rose?
Are pecans better tasting than walnuts?
Will practice help improve your reaction time?
Whose pulse rate increases more after running up and down a flight of stairs, that of an adult or child?

Answers

Answer:b d and e

Explanation:thank me later

Answer:

b d and e

Explanation:

got it right on edge

How.are ken burns and Jackie Robinson alike and different ?

Answers

Answer: Is their a summary that goes with this?

Explanation:

They are alike because they have a great legacy

Why did some people call the War of 1812 "the Second American Revolution"?
It proved the strength and stability of the United States.
B
It changed the boundaries of the United States.
С
It secured the independence of the United States.
D
It created new liberties for citizens of the United States.

Answers

Answer:

The answer is C, because the US wants to secure the independence of the United States

hunter gatherer societies developed all of following aspects of culture except

Answers

Answer:

Since there are no multiple choices. This will be my opinion - They used to traveled and trade for their livings and impact the animals.

Explanation:

Answer:

writting

Explanation:

How did the Adena people differ from the Anasazi people?

Answers

Answer:

The Aneda People were the Pre-Columbian Native American. The Anasazi, referring to the ancestral Pueblo people.

Explanation:

The Adena were a group of indigenous people who had connections in cultural practices which they followed for centuries along with the artefact, architecture, a common burial and ceremonial practice with mound building.

Anasazi people were peaceful farmers who tended their corn and bean crops. The Anasazi Indians were pioneers and constructed roads, and irrigation for crops.

One of the differences in both the tribes was their occupation. The Anasazi people were solely engaged in cultivating crops with building irrigation for their crops and houses for their living. The Adena people also engage in farming but had their artistic crafts, and developed a trading system, which provided different types of raw supplies.

What happens to the number of coffee shops if the wages increase , what happens to the demand for employees for the coffee shops ?

Answers

The number of coffee shops decreases as well as the demand of employees.

Answer:

When the wages increase, Jeff won’t be able to open more coffee shops in that area and the number of coffee shops will decrease, decreasing the quantity demanded for employees.

Explanation:

Explain why there were so many diverse human societies in the Americas before Europeans arrived

Answers

Answer- The diversity in the environment and the varying climate spawned different economies and patterns of living in the various regions of North America.

Delegates to the 1875 constitutional convention, reflecting the philosophy of the Grange, were overwhelmingly liberal.a) trueb) false

Answers

Answer:

B. False

Explanation:

Delegates to the 1875 constitutional convention, reflecting the philosophy of the Grange, were not overwhelmingly liberal.

They ensured that a legislative members in the Congress had 2 representatives from each state and the number of House of Representatives members for each state was based on the population. This strict compliance doesn’t depict them being liberal which means open minded to issues.

What were the ups and downs of their experiences in the British North American
colonies?

Answers

Answer:

North and South?

Explanation:

Please write three paragraphs on your opinion of the Electoral College.
Consider: What do you like about it? What do you dislike? Do you think it is effective?

Answers

I dislike it because our votes don’t count

what writing brought attention to slave life in the south during the mid-1800's?

Answers

Answer:

I believe it is the writing of Uncle Toms cabin

Explanation:

Answer:

Uncle Tom's Cabin

Explanation:

Why was the Shi class so powerful, even though they were not wealthy? Select the best answer from the choices below. a They often determined if an emperor had lost the Mandate of Heaven b They could command battles c They served as scholars and officials in the government d They had the respect of all the other classes, as well as the emperor

Answers

Answer:

c They served as scholars and officials in the government

Explanation:

The Shis are a Chinese social class and they served as stewards or even soldiers that went to battle and this class was neither top hierarchy nor lower-rung hierarchy because they were in-between and they served as court officials.

The Shi class was powerful, even though they were not wealthy because they served as scholars and officials in the government

How did The Neolithic Revolution change human societies

Answers

Answer:neotholuc s aw wateryou man

Answer:

ExplanationAnswer:

Explanation

Explanation:

Create a tchart of exports/ imports involving columbian exchange
HELP please ???

Answers

Answer:  Christopher Columbus introduced horses, sugar plants, and disease to the New World, while facilitating the introduction of New World commodities like sugar, tobacco, chocolate, and potatoes to the Old World. The process by which commodities, people, and diseases crossed the Atlantic is known as the Columbian Exchange.

IMPORTS: Chocolate, Marigolds, Pineapples, Coffee, Pigs, Oranges, Cows and more

EXPORTS:  Avocados, Beans, Bell peppers, Black-eyed Susans , Cacao (for chocolate), Chili peppers, Corn, Cotton

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