Paper money not backed by gold or silver was known as ____________________ money
Fill in the blank(s) with correct word
fiat
You might also like to view...
Why did Hoover's popularity fall to its lowest point in 1932?
A) He vetoed legislation that would have provided relief to the unemployed. B) He asked for increased taxes to keep the budget balanced. C) He canceled public works projects to keep the budget balanced. D) He spurned veterans' request for an early payment of their bonus.
Why did the cotton come to be called "King Cotton"?
A. Independent farmers could not grow cotton; it could only be harvested on government-owned land. B. In southern states, only an elite group was allowed to grow cotton. C.Cotton cultivation dominated the southern economy, affecting almost all inhabitants, directly or indirectly. D.Cotton plants overgrew in fields used to harvest subsistence crops, making it difficult to grow anything but cotton in some areas.
The federally-owned Tennessee Valley Authority was seen as a particular threat to
a. the entire capitalist system. b. the Republican party. c. the automobile industry. d. the private electrical utility industry. e. white southern racial practices.
What was the response of the Church and emperor to the Hussite movement?
A) Once burned as a heretic, Hus became a martyr. This spawned his movement and violent protests, which resulted in mass burning of heretics. B) When Hus was burned at the stake for heresy after false promises of protection, it spawned a bloody uprising and an anti-catholic movement that would eventually merge with the Protestant Reformation. C) Most were nonplused when Hus was burned at the stake. The movement eventually died until Martin Luther reinvigorated it. D) The burning of Hus brutally divided an already torn country. Anti-Czech sentiment was rampant throughout Bohemia. E) Since Hus was not burned at the stake and did not become a martyr, the movement died.