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Introduction In the early 1920s, the airwaves of the world were a contested frontier. In the United States, radio was developing as a commercial wild west, a cacophony of competing stations driven by advertising revenue and populist appeal. In the Soviet Union, the technology was immediately seized as an instrument of state propaganda, a centralized voice of the party. Between these two extremes—the chaos of the market and the rigidity of the state—Britain carved out a third way. It was an experiment that would become the gold standardGold Standard Full Description:The Gold Standard was the prevailing international financial architecture prior to the…