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Between 1890 and 1914, the gold stock of the world _______________ and world prices (in general) Question 9 options:

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User Cherline
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Answer:

Doubled; increased.

Step-by-step explanation:

Gold is a chemical element and it is the element 79 on the periodic table. Thus, it has an atomic number of 79. The chemical symbol for Gold is Au, it is chemically classified as a transition metal and as a solid at room temperature.

Generally, the chemical element Gold is known to be malleable, ductile and a good conductor of electricity and heat. Also, it is a non-toxic chemical element with a beautiful lustrous sheen.

For a very long time, gold has been of great economical value to people across the world and as such was considered a commodity money. Also, it was used for making jewelries, ornaments, house accessories etc.

A commodity money simply refers to money that derives its value from the commodity with which it is created from. Some examples of commodity money are gold, diamonds,

Between 1890 and 1914, the gold stock of the world doubled and world prices (in general) increased.

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User Wille Esteche
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