MONOMETALLISM
(noun)Definitions
There is 1 meaning of the word
Monometallism.
Monometallism - as a noun
The use of only one metal (such as gold or silver) in the standard currency of a country, or as a standard of monetary value.
Example: "A smaller disagreement which takes place relating to metallism is whether one metal should be used as currency (as in monometallism), or should there be two or more metals for that purpose (as in bimetallism)."
Example Sentences
"During the 19th century, some countries adopted monometallism to fix the value of their currencies."
"The debate between monometallism and bimetallism was a major topic in economics during the late 19th century."
"Supporters of monometallism believe that it simplifies international trade and reduces currency exchange risks."
"The transition from monometallism to a bimetallic or fiat currency system can be complex and politically challenging."
"The gold standard is often cited as an example of monometallism in practice."
Word Game Points
Is MONOMETALLISM a valid Scrabble word?
Yes, monometallism is valid for both Scrabble US and EU
MONOMETALLISM has a SCRABBLE points total of 19.
Is MONOMETALLISM a valid Words With Friends word?
Yes, monometallism is valid for Words With Friends
Valid WordMONOMETALLISM has a WORDS WITH FRIENDS points total of 25.
Is MONOMETALLISM a valid WordFeud word?
Yes, monometallism is valid for WordFeud
Valid WordMONOMETALLISM has a WORDFEUD points total of 19.
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Words
monometallisms20
