In this article we will discuss about:- 1. Features of Gold Standard 2. Functions of Gold Standard 3. Automatic Working 4. Rules 5. Merits 6. Demerits 7. Breakdown. Features of Gold Standard: The basic features of the gold standard are: (i) The monetary unit is defined in terms of certain weight and fineness of gold. (ii) All gold coins are [...]
Historically there have been different forms of gold standard. They are – 1. Gold Coin Standard 2. Gold Bullion Standard 3. Gold Exchange Standard 4. Gold Reserve Standard 5. Gold Parity Standard. Type # 1. Gold Coin Standard: Gold coin standard or gold currency standard or gold species standard is the oldest form of gold standard. It is also known [...]
Here is a term paper on the ‘Gold Standard’ for class 9, 10, 11 and 12. Find paragraphs, long and short term papers on the ‘Gold Standard’ especially written for school and college students. Term Paper # 1. Definitions and Essentials of Gold Standard: Forms of a bullion standard have always been very important. The first of them is gold [...]