History of fiat money

Government-issued fiat money banknotes were used first during the 13th century in China. Fiat money started to predominate during the 20th century. Since President Richard Nixon's decision to suspend US dollar convertibility to gold in 1971, a system of national fiat currencies has been used globally.

https://en.m.wikipedia.org/wiki/Fiat_money#:~:text=Government%2Dissued%20fiat%20money%20banknotes,currencies%20has%20been%20used%20globally.

A shortage of coins forced people to change from coins to notes. During the Song Dynasty (960-1276), there was a booming business in the Sichuan region that led to a shortage of copper money. Traders started issuing private notes covered by a monetary reserve, and it was considered to be the first legal tender.

https://corporatefinanceinstitute.com/resources/economics/fiat-money-currency/#:~:text=A%20shortage%20of%20coins%20forced,be%20the%20first%20legal%20tender.

Fiat money started to predominate during the 20th century. Since President Richard Nixon's decision to suspend US dollar convertibility to gold in 1971, a system of national fiat currencies has been used globally. Fiat money can be: Any money that is not backed by a commodity.

https://en.m.wikipedia.org/wiki/Fiat_money#:~:text=Fiat%20money%20started%20to%20predominate,not%20backed%20by%20a%20commodity.

What year did america get taken off the gold standard?

• 0%2001
• 0%1783
• 0%1971
• 0%1913