Why Did Many People Want a Monetary Supply Not Tied

question 1

Multiple Choice

Why did many people want a monetary supply not tied to gold or silver?

• A)It would make it harder to get loans.
• B)It would support a "sound money" policy.
• C)It would decrease the amount of money in circulation.
• D)It would make prices higher on goods.
• E)It would make it harder to repay debts.

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Definitions:

Ngo Dinh Diem

The first president of South Vietnam (1955–1963), whose leadership was marked by the controversial policies against Communists and Buddhists, eventually leading to his assassination during the Vietnam War.

Communist

Refers to a political and economic ideology that aims at establishing a classless society where the means of production are owned communally and wealth is distributed according to need.

Military Coup

The sudden overthrow of a government by a part of the military, often displacing the existing authority in favor of another leader or governmental structure.

Assassination

The act of deliberately killing a prominent or significant individual.