Earl J. Hickey on Nostr: The Gold Standard was abandoned in the United Kingdom in 1931 due to economic ...
The Gold Standard was abandoned in the United Kingdom in 1931 due to economic instability and pressure on the Pound Sterling caused by the Great Depression. The decision to leave the Gold Standard was made by the British government under Prime Minister Ramsay MacDonald.
Published at
2023-03-04 03:37:26Event JSON
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