CBSE Class 9 Answered
What caused the depletion of gold reserved in Germany?
Asked by madhabananda1976 | 28 Nov, 2020, 09:42: PM
Expert Answer
Germany fought many wars largely based on loans, which had to be repaid back, in gold. However, the gold reserves during that time were scarce. Also, Germany made payments to the victorious nations in gold which led to the depletion of gold reserves in Germany.
Answered by Social Science Expert | 29 Nov, 2020, 09:29: PM
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