The Era Between 1880 and 1914, When the Gold Standard

question 23

True/False

The era between 1880 and 1914, when the gold standard was in use, was characterized by increasing capital mobility.

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Definitions:

Usable Energy

The portion of energy in a system that can be used to perform work or is available to be converted into work.

Thermodynamics

Principles governing energy transfer (often expressed in terms of heat transfer). See first law of thermodynamics and second law of thermodynamics.

Decreases

A reduction in size, amount, extent, or number.

Thermal Energy

The internal energy present in a system due to its temperature, associated with the random motion of molecules.