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Before the great depression in the United States used gold to back up the currency it issued. Why was this use of gold standard most likely a factor which led to the Great Depre…

Before the great depression in the United States used gold to back up the currency it issued. Why was this use of gold standard most likely a factor which led to the Great Depre…
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Before the great depression in the United States used gold to back up the currency it issued. Why was this use of gold standard most likely a factor which led to the Great Depression?

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User Les Nightingill
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1 Answer

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Because they were using a lot of money so the country ran out of money leading to the Great Depression

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User Pablo Pantaleon
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