cause and effect
학생이 쓴 원문
강사 첨삭
Anchan,
I totally agree with you when you said none of
these things happened by chance alone.
I believe that life in general is always a
cause and effect. :)
Teacher Sarah
Because gold standard is to fit money issurance(print out) to gold reserves,
money growth is only related to increase in gold production and is not over issued
>> Since the gold standard was meant to match the issuance of money with gold reserves,
money growth is directly proportional to the increase of gold production.
Further currency in each country maintains a constant rate for gold
so that exchange rate is fixed resulting in no trade disputes.
>> Furthermore, currency rates in every country maintains a constant value for gold
causing exchange rates to remain constant/fixed avoiding trade disputes.
However, the abolishment of gold standard sweeps away these criterias.
>> However, the abolishment of the gold standard swept away these criteria.
So each country increases the issurance of currency in order to have an advantageous position (competitiveness power) in trade.
>> So countries had to increase the issuance of currency in order to gain an advantage regarding competitiveness in trade.
Trade war, that\'s a currency war.
>> Trade war is basically a currency war.
This trade war is eventually led to the Second World War highly relying on force
>> This trade war eventually led to the Second World War highly relying on force.
A bunch of these things were not caused by chance,
>> Many of these things were not caused by chance alone.
There was the cause first and environmental conditions made the result
(environmental conditions were apted to make the result)
>> There had always been a cause which resulted to these environmental conditions.
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