Category 7. The Gold Standard Era (1900–1933)

The Great Depression of the 1930s was a period of unprecedented economic hardship that exposed the limitations of the gold standard and led to dramatic government interventions. Among these, President Franklin D. Roosevelt’s gold confiscation policy stands out as one…

The role of gold during the Gold Standard Era (1900–1933) was pivotal in stabilizing currencies and facilitating international trade. By anchoring the value of currencies to a fixed quantity of gold, this system provided a reliable framework for economic transactions…