Top Menu

Tag Archives | Monometallism

Gold Standard: Features, Functions, Working, Rules, Merits and Demerits

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. […]

Types of Gold Standard (With Features, Merits and Demerits) | Economics

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 […]

hit counter