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Monometallic vs Bimetallism - What's the difference?

monometallic | bimetallism |

In economics terms the difference between monometallic and bimetallism

is that monometallic is of or pertaining to monometallism while bimetallism is the use of a monetary standard based upon two different metals, traditionally gold and silver usually in a fixed ratio of values.

As an adjective monometallic

is consisting of a single metal.

As a noun bimetallism is

the use of a monetary standard based upon two different metals, traditionally gold and silver usually in a fixed ratio of values.

monometallic

English

Adjective

(en adjective)
  • Consisting of a single metal
  • (economics) Of or pertaining to monometallism
  • bimetallism

    Noun

  • (economics) The use of a monetary standard based upon two different metals, traditionally gold and silver usually in a fixed ratio of values.