Which of the Following Events Brought an End to the Gold

question 7

Multiple Choice

Which of the following events brought an end to the gold standard?

• A)Industrial Revolution, as the value of gold in Europe has decreased as there was more gold than currency.
• B)World War I, as borrowing needs of European governments increased greatly and there was not enough gold to fully back up all of the currency governments created.
• C)1926 general strike, as the value of gold in Europe has decreased as there was more gold than currency.
• D)World War II, as borrowing needs of European governments increased greatly and there was not enough gold to fully back up all of the currency governments created.

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