Friday, November 14, 2014

Economics

Homework due Monday, November 17
Economics in Our Times, pp 261-263

Research and write answers to the following questions: (of course NO Wikipedia OR Answers.com).  Site your sources:
      1.   When did the U.S. go on the gold standard in its domestic economy?

      2.   How and when did the U.S. go off the gold standard, domestically and internationally?
            Describe the two stages.
            Hint:  Franklin Delano Roosevelt and Richard Nixon


      3.   What were the circumstances surrounding the decisions in Question 2?

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