1. Define “debased coinage.” Give source/s.
2. U.S. coinage was debased in the 1960s. When the Kennedy memorial half-dollar was produced, dimes and quarters were minted as “sandwich” coins. Define ‘sandwich” coins. Give source/s.
FYI: The main reason that this happened is because countries around the world began “nationalizing” US companies in their countries. Venezuela started this, with the oil of Lake Maracaibo. Although US companies–like Chase Bank, Dole fruit, and Standard Oil–did want repayment, that never happened. The US did not retaliate, thinking that countries with better economies would trade with the US and need less support. Nixon took the US off the Silver standard to the GNP, and Clinton put the US onto the GDP. The effect was that the US needed more money because corporations were no longer making the profits that they had. the US had to fund the Great Society and the Moon Walk.
3. How many times have US coins been debased just since the 1960s? (Do not go into gold vs silver, or before the 1960s for this assignment, please.)
4. Research and name at least 2 (two) other times in history, elsewhere, that this has happened.
5. Is this a good sign or a bad sign for an economy? Explain.
Include all sources.
Plagiarism Free Papers
All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.
All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.
A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.
Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.
Originality & Security
At Homeworkpaper.net, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.
24/7 Customer Support
Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
We work around the clock to see best customer experience.
Our prices are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.
Admission help & Client-Writer Contact
When you need to elaborate something further to your writer, we provide that button.
We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.
Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.