When did the sterling-based gold standard begin to unravel?
A) during World War I
B) during World War II
C) during the Civil War
D) during the Napoleonic Wars

Question

Quizplus · Accepted Answer

The sterling-based gold standard began to unravel during World War I, as the financial demands of the war led countries to suspend the convertibility of their currencies into gold, undermining the gold standard system.

When Did the Sterling-Based Gold Standard Begin to Unravel