Currency Circulated by Banks That Could Be Redeemed for Gold

question 138

Multiple Choice

Currency circulated by banks that could be redeemed for gold was called

• A)junk bonds.
• B)banknotes.
• C)gold bills.
• D)state money.

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Definitions:

Countercultures

Groups that reject the dominant societal norms and values, often creating their own cultural norms in opposition to mainstream culture.

Subcultures

Groups within a larger culture that differentiate themselves through distinct beliefs, values, and practices.

Mainstream Culture

The dominant set of cultural practices, beliefs, and values that are widely shared and accepted within a particular society.

Technology

The application of scientific knowledge for practical purposes, especially in industry and in our daily lives.