The Figure Below Shows the Demand (D) and Supply (S)

question 92

Multiple Choice

The figure below shows the demand (D) and supply (S) curves of cocoa in the U.S.Figure 21.4

-The Bretton Woods System of exchange rates was established:

• A)to solidify support for the then-existing gold standard.
• B)to peg the worldwide price of silver to the price of gold.
• C)in Europe before World War II to establish a flexible exchange rate regime.
• D)in the United States in 1944 to develop a gold exchange standard.
• E)by a mechanism that made gold the reserve currency of the system.

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Definitions:

Scalawags

A term used during the Reconstruction era in American history to describe Southern whites who supported Reconstruction and the Republican Party.

State-Supported Schools

Educational institutions that receive funding and support from the government, making education accessible to a larger section of the population.

Southern Republicans

Refers to members of the Republican Party in the Southern United States, especially significant during the Reconstruction era after the Civil War.

Reconstruction

The period after the Civil War in the United States, from 1865 to 1877, focused on the federal government's efforts to restore and rebuild the Southern states that had seceded and integrate African American slaves into society as free men and women.