What Role Did The Gold Standard Play In The Great Depression? - International Policy Zone

What Role Did The Gold Standard Play In The Great Depression? In this informative video, we will discuss the impact of the gold standard on the global economy during the Great Depression. We will begin by explaining what the gold standard is and how it functioned as a monetary system. You'll learn about the reasons countries adopted this system after World War One, as well as the economic challenges that arose from it. We will also examine how the rigidity of the gold standard affected nations' monetary policies during the economic downturn.

The video will cover key events, such as the banking failures in Central Europe and the subsequent abandonment of the gold standard by various countries, including Britain and the United States. We will highlight the consequences of these decisions and the importance of international cooperation in addressing economic crises. By the end of this discussion, you will have a better understanding of how the gold standard influenced economic policies and shaped the response to the Great Depression.

Join us for this engaging exploration of monetary history, and subscribe to our channel for more informative content on international policy and economic issues.

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Видео What Role Did The Gold Standard Play In The Great Depression? - International Policy Zone канала International Policy Zone