President Roosevelt explains importance of removing the US from gold standard

President Roosevelt explains importance of removing the US from gold standard

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the goal of maintaining a stable dollar value, free from the influence of other nations' internal policies. It outlines the establishment of a government market for gold in the U.S. and the control of the gold value of the dollar. The speaker emphasizes that this is a policy, not a temporary measure, and reflects on past promises and the ongoing recovery efforts.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal mentioned by the speaker regarding the dollar?

To reduce its circulation

To make it the world's strongest currency

To maintain its purchasing and debt-paying power

To increase its value rapidly

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker plan to establish to counter the influence of other nations?

A financial alliance

A government market for gold

A new currency

A trade agreement

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is authorized to buy or sell gold according to the speaker?

The Secretary of State

The International Monetary Fund

The Federal Reserve

The Reconstruction Finance Corporation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How will the price of gold be determined?

By a fixed government rate

Through consultation with the Secretary of the Treasury and the President

By public demand

By international markets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker express gratitude for towards the end of the speech?

The public's faith

The support from other nations

The economic recovery

The success of the gold market