Why did the U.S. dollar become a substitute for gold in international markets during the 20th century?
A. The United States had threatened to cut off trade with other countries
B. The United States had the worlds largest gold reserves
C. The United States declared that the US dollar was fiat currency
D. The UNited States sold gold at the lowest prices in the world
Please only legit answers

Answers

Answer 1

Answer:

The united State had the world largest gold resetve

Explanation:

Answer 2

The United States had the world's largest gold reserves is the main reason why the US dollar became a substitute for gold in international markets during the 20th century. Therefore, option B is correct.

Why did the U.S. dollar become a substitute for gold in international markets?

The US dollar became a substitute for gold in international markets primarily because of the Bretton Woods agreement of 1944. Under this agreement, the US dollar was declared as the world's reserve currency, and other countries could exchange their dollars for gold at a fixed rate of $35 per ounce.

This system worked well for several decades, but by the 1960s, the United States was spending more money on the Vietnam War and other programs than it was taking in through exports, causing the value of the US dollar to decline.

In 1971, President Nixon ended the convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Since then, the US dollar has remained the world's primary reserve currency, with its value determined by market forces rather than a fixed exchange rate to gold.

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Related Questions

Why did Napoleon consider the Louisiana Territory a valuable part of his plan to regain control of Saint-Domingue?

With the territory, he could secure military assistance from Spain and the United States to overtake the revolt in Saint-Domingue.
Trade on the Mississippi River within the Louisiana Territory would provide supplies to the French settlers in Saint-Domingue.
The idea of individual rights, which was thriving in the Louisiana Territory, would help Napoleon appeal to the people of Saint-Domingue.
Colonists in the Louisiana Territory, where slavery was legal, might have influence over the people in Saint-Domingue.
HELP ASAP

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Answer:B

Explanation:

a frontier woman who is credited with killing loyalists at her home

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Answer:

Explanation: Georgia frontierswoman Nancy Morgan Hart was a legendary hero of the American Revolution who made it her mission to rid the Georgia territory of British Loyalists (Tories). According to various accounts, she captured six, killed one, and oversaw the hanging of five others. She also served as a spy.

What is the oldest religion in Southwest Asia?

Answers

Answer:

Dharmic Religions (Indian religions)

Explanation:

Answer:

The Dharmic religion is the oldest religion in southwest Asia.

Explanation:

The first mansa of the Mall Kingdom was ____

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Answer:

Sundiata Keita

Explanation:

Which of these best summarizes the “Victory or Death” letter written at the Alamo?

Answers

Answer:

I would choose the option C. The Texans were planning to invade Mexico and attack their capital city

Explanation:

Search up, "Roman Mythology Animated" Watch the first video that pops up. Then answer the following questions:

1. How did the Roman Gods and Goddesses reflect Cultural Diffusion within the Ancient World? (2 examples)

2. How do these Roman Deities still impact and influence our world today? (2 examples)

3. How did the Roman Gods and Goddesses play a role in Roman “history”/ life? (2 examples)

Answers

Answer:

Find the answers and explanation below.

Explanation:

1a. Saturn is the Roman god of sowing that was born by Uranus and Gaea. The Romans valued him so much and engaged in the worship of Saturnalia between December 17 to 23. Christmas was moved to December 25 by the Christians.

b.Germans believe that Hercules visited them in Gaul during one of his missions. They thought of him to be Thor. They had a victory song for him.

2. Hephaestus is a Roman God that is known in Greece as Vulcan. He is thought to be responsible for the volcanoes that affect the world to date.

b. The week of the day known as Saturday was coined from the god Saturnalia who was responsible for agricultural prosperity.

3. a. Jupiter through Mercury instructed Aeneas to continue sailing to find the new home of the Trojan refugees. This new home through the birth of the twins was to be later known as Rome.

b. Neptune, the god of the sea helped the Trojan fleet by calming the storm that was sent by Juno, the wife of Jupiter to destroy their mission of finding a new home.

First attempt at an English Colony in North America, known as the Lost Colony

Answers

Answer:

I think its Jamestown

Explanation:

Hope this helps!

Answer:

the answer is The Roanoke Colony

Explanation:

The Roanoke Colony was a failed attempt at colonization in North America unlike Jamestown which was the first successful colony established in North America.

6 points
The first delegates to arrive created Texas's first state government, the
Permanent Council. The Permanent Council also set up a postal system
and sent soldiers and supplies to the army in South Texas. *
True
O False

Answers

Answer:

I don't know the answer but I did this because I was in a hurry so that I can get some free points and ask my own questions from anyone else that's why I did this really sorry and thank you for few points

what is a rabbi i will give most brainliest

Answers

Answer:

wym ?

Explanation:

loll rabbit ?

It is the spiritual leader or religious teacher of Judaism

How has globalization affected US & Canadian workers?

Answers

Answer:

Globalization has lowered wages for American workers

while Canadians believe that globalization has “helped raise the standard of living for many poor people around the world”

What is one example of balancing the branches of government?

The executive branch can veto laws passed by the legislative branch.
The legislative branch can draft and pass a constitutional amendment.
The legislative branch includes representatives elected by the people.
The judicial branch includes a Supreme Court on the state and federal levels.

Answers

Answer:

The executive branch can veto laws passed by the legislative branch.

Explanation:

Answer:

a

Explanation:

HELP!!! ASAPPPPPP!!!!!

Answers

1. is horses and sugar 3. is mixed blood

Answer:

1. horses and sugarcane

2. people born in spain

3. people of mixed spanish and native blood

good luck

Explanation:

Example of a fast environmental change

Answers

Answer:

A very, very famous example is the Galapagos finches

They all radiated from a common ancestor. With a overcrowding of population and genetic differences, different species of birds radiated from the common ancestor and now eat a variety of foods.

Each finch group now has a unique niche, though the common ancestor diet had a different diet

ANOTHER is Polar Bears

In the past they relied solely on seals and breathing hole in the ice as hunting grounds

With current global warming, many are struggling for survival and turning to other food sources such as human waste; as seals can no longer provide a adequate food source, the ice is melting and the hunting grounds disappearing with the ice.  

Explanation:

how many people are on this earth

Answers

Answer:

there are 7.8 billion people in the earth

Explanation:

Answer:

Get all the countries population numbers from web or maps and add them all together, then you’ll get what u need

But notice that the numbers are estimations

Explanation:

I hope I helped you please give me brainliest

someone pls help asap :)!

Answers

Answer:

D-Constitutional Convention

Explanation:

Answer:

Constitutional Convention.

Explanation:

Shays' Rebellion was an uprising carried out by farmers in Massachusetts in 1786 and 1787. The main effect that it had on our country was that it caused the calling of the Constitutional Convention. The men who attended this convention wrote the US Constitution.

What promise does Lincoln make the South about slavery? (Lincolns 1st inaugural speech)

Answers

Answer: Lincoln promises not to take away slaves from southerners

Explanation:

Did Pocahontas really save Captain John Smith in Jamestown? I need 2 summary in your own words. Please help me it is due today

Answers

Answer:

No

Explanation:

John Smith was not a captain and pocahontas ended up marrying him. So I dont really know how to answer this question other than saying that isn't what happened between pocahontas and john smith.

Accepted traditional roles of men and women in a specific society.
A.Gender stereotype
B. Stereotype
C. Gender inequality
D. Gender construct

Answers

Answer:

B

Explanation:

Honestly this seems right but if its wrong I'm sorry.

Answer:

I think it is either:

A. or D.

Explanation:

How did the US assist Japan following World War II?



Do not copy off google if u don’t I’ll give u brainless I’m checking

Answers

Answer:

Explanation: After the defeat of Japan in World War II, the United Statesled the Allies in the occupation and rehabilitation of theJapanese state. Between 1945 and 1952, the U.S. occupying forces, led by General Douglas A. MacArthur, enacted widespread military, political, economic, and social reforms.

Answer:

The US provided economic aid, which helped Japan rebuild after the war. American military bases were constructed to help maintain peace in the region. Members of the American military drafted the Japanese constitution, which is based on American democratic ideas. Today, the countries are close military, political, and economic allies.

Explanation:Evidence

Personification what can’t a clock do

Answers

It can’t make you breakfast

Which statement about electrons & atomic orbitals is NOT true?

Answers

Options:

An electron has the same amount of energy in all orbitals.

An orbital can contain a maximum of two electrons.

An electron cloud represents all the orbitals in an atom.

An atom’s lowest energy level has only one orbital.

Answer: An electron has the same amount of energy in all orbitals

Explanation: An electron has the same amount of energy in all orbitals is the statement that is not true and all other statements are true.

In an atom, we have three subatomic particles which are protons, neutrons, and electrons. Electrons cannot have the same amount of energy in all orbitals because they revolve in orbits around the nucleus. That means that level of energy in electrons is always different in all orbitals.

what does ¨firm league of friendship¨ imply for relationships of the states

Answers

Answer:

It implies that friendship is important

Explanation:

someone punch me or anything im just sad

Answers

Answer:

why are you sad :(

Explanation:

dont be sad you have to stay stron you are never alone :) :) :)

What do you think is the highest barrier to entry into the market for a drug that is produced by a monopoly? Why is it a barrier?

Answers

Answer:

well if it is being produced by a monopoly it shouldn't have any barrier to entry because they are the only ones producing it so there would be no competition. i mean maybe FDA problems but I don't see any other barrier

Explanation:

Can someone help me with this question

Answers

Answer:

C.

Explanation: It cant be option A because agriculture is not the most important in the economy. Hope it helped :)

What is a generalization?
A. a problem that needs a solution
B. a theory that needs to be proven
C. a broad statement based on many details
D. a fact demonstrated through observation

Answers

Answer:

c.a broad statement based on many details

Explanation:

hope this helps<3

In "Better Wait Till Martin Comes,"when the big cat repeats the phrase "Better wait till Martin comes,” it makes John

say his prayers and stay in the house a little while longer.
wonder which of the big cats that he sees in the house is Martin.
want to leave the house, because Martin must be larger than the big cat.
sit in a chair next to the fireplace, even though the chair is broken.

Answers

Answer:

C!

Explanation:

In "Better Wait Till Martin Comes, "when the big cat repeats the phrase "Better wait till Martin comes,” it makes John want to leave the house because Martin must be larger than the big cat. The correct option is C.

What do you think the phrase big cats refers to?

The term "big cat" usually refers to any of the five living members of the genus Panthera, which include the tiger, lion, jaguar, leopard, and snow leopard, along with the non-pantherine cheetah and cougar.

When the big cat repeats the phrase "Better Wait Till Martin Comes" in "Better Wait Till Martin Comes," John says his prayers and stays in the house for a little longer. I wonder which of the big cats he sees in the house is Martin. want to leave the house because Martin must be bigger than the big cat.

Thus, the ideal selection is option C.

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select which government was granted each of the powers listed

Answers

Coining of money: FEDERAL GOVERNMENT

Fire and police protection: STATE GOVERNMENT

Schools: STATE GOVERNMENT

Army and Navy: FEDERAL GOVERNMENT

Treaties with other nations : FEDERAL GOVERNMENT

Highways and roads: STATE GOVERNMENT

Local courts: STATE GOVERNMENT

So, I'd say that Coining of Money, Army and Navy, Treaties with other Nations are most powerful.

This probably didn't help but I hope it did! :D

-LavenderVye

Answer:

Coining of money: federal

Fire and police protection: state

Schools: state

Army and Navy: federal

Treaties with other nations: federal

Highways and roads: state

Local courts: state

Explanation:

I hope this helps you!!! credit to the first person because its correct and it helped me :)

If you were a delegate, would you be a Federalist or an Anti-Federalist and why?

Answers

Answer:

I would be a Federalist.

Explanation:

the main difference between the federalist and anti-federalists  is on their opinion on how much power the central government should have over the states.

Federalist wanted the government to have more power and the anti-federalist wanted the government to have less power. In Hindsight, anti-federalists' idea sounds better. Since it will give the government less influence to disrupt the people.

But considering the issues that they faced at the time, I believe more government power was necessary.

The earlier draft of the constitution did not provide the central government with crucial power such as ability to collect taxes or create a centralized military. Both of those issues were supported by the Federalist.


What are some specific examples of the technological causes of increased trade along the Silk Roads?

Answers

Answer:

Chinese Technologies Introduced into the West via Silk Road

The Chinese Four Great Inventions (paper making, printing, gunpowder and compass) as well as the skills of silkworm breeding and silk spinning were transmitted to the West. This greatly sped up the development of the entire world.

Explanation:

hope this helps u. sorry if it doesn't.

Answer:

paper making, printing, gunpowder and compass

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