The Main Reason That President Franklin Roosevelt Went Off the Gold

question 62

Multiple Choice

The main reason that President Franklin Roosevelt went off the gold standard was that

• A) the U.S. gold reserves had been completely depleted.
• B) he believed that a devalued dollar might rekindle a failing economy.
• C) he foresaw the establishment of a new international agreement under the Bretton Woods system.
• D) rumors that Britain would soon abandon the gold standard could no longer be ignored.
• E) many economists of the time predicted higher dollar values if the gold standard was abandoned.

---

Definitions:

Boot Camps

Structured, rigorous training programs, often with a military-style regime, designed to improve fitness, discipline, or specific skills.

Stanford Prison Simulation

An experiment conducted by Philip Zimbardo in 1971 to study the psychological effects of perceived power, focusing on the struggle between prisoners and prison officers.

Beneficial and Harmful Consequences

The positive and negative outcomes or results that may arise from a specific action, behavior, or decision.

Adversarial Model

A system or approach in which parties in conflict compete against each other to achieve their own goals, often seen in legal systems.