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Gold Standard

Author: Kate Eskra

Source: GoldStandarddollar,PD,http://en.wikipedia.org/wiki/File:One_dollar_1928.jpg, Early$100billgoldcertificate1882,PD,http://en.wikipedia.org/wiki/File:US-$100-GC-1882-Fr.1207.jpg, Early$100billgoldcertificate1934depictingBenjaminFranklin,PD,http://en.wikipedia.org/wiki/File:US-$100-GC-1934-Fr.2406.jpg, Early$1000billgoldcertificate1882depictingAlexanderHamilton,PD,http://en.wikipedia.org/wiki/File:US-$1000-GC-1882-Fr.1218g.jpg, Early$10000goldcertificate1900depictingAndrewJackson,PD,http://en.wikipedia.org/wiki/File:US-$10000-GC-1900-Fr.1225.jpg

Video Transcript
Terms to Know
Deposit Account

An account typically held at a financial institution that allows the owner to deposit and withdraw his/her funds.

Gold Standard

Gold backed currency such that paper currency exchanges for a set weight of gold— gold is the intrinsic value of the currency.