The Gold Standard (30 déc. 1869 – 10 déc. 1879)
Description:
Despite the government issuing reforms, money and banking problems still plagued the country. The nation adopted a gold standard, a monetary system in which paper money and coins had the value of certain amounts of gold. The government couldn't print notes for gold they didn't have, so it balanced the economy.Ajouté au bande de temps:
Date:
30 déc. 1869
10 déc. 1879
~ 9 years and 11 months