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How would bimetallism help the economy according to farmers or supporters?
by stimulating the stagnant economy
How would bimetallism benefit farmers?
It would increse the money supply.
How did bimetallism benefit farmers?
Bimetallism is the use of both silver and gold as the basis of an economy as opposed to the use of one or the other or none. This would help the farmers and the farmers highly supported it because more money would be in circulation. Therefore the prices would rise, value of money decreases so more people would have money. A high percentage of the farmers were in debt. By increasing the amount of money, the overall value of money would go down, and the farmers would have an easier time paying off their debts.
How would bimetallism help the economy according to its support?
by giving people either gold or silver in exchange for paper currency or checks
How were high tariffs supposed to help farmers?
By stopping competition from farmers abroad --APEX
How would bimetallism help the economy according to farmers or supporters?
by stimulating the stagnant economy
Political goal for farmers?
The political goal of farmers was lower prices for grain storage.
How would bimetallism benefit farmers?
It would increse the money supply.
How did bimetallism benefit farmers?
Bimetallism is the use of both silver and gold as the basis of an economy as opposed to the use of one or the other or none. This would help the farmers and the farmers highly supported it because more money would be in circulation. Therefore the prices would rise, value of money decreases so more people would have money. A high percentage of the farmers were in debt. By increasing the amount of money, the overall value of money would go down, and the farmers would have an easier time paying off their debts.
Why did the plains farmers In the 1800s support bimetallism?
It would put more money in circulation.
What were some of the political goals for farmers?
Bimetallism
Why did plains farmers in the late 1800s to support bimetallism?
It would put more money in circulation.
Why did the plains farmers favor bimetallism?
Farmers supported bimetallism simply because more money would be in circulation. Therefore, the prices would rise, value of money would decrease, so more people would have money. In the 1800's, farmers had a rough time with debt, therefore more money would mean the value would decrease.
Which is true the policy of bimetallism?
Farmers wanted it , because it would make money more available. AP3X
What group supported bimetallism?
The Farmers Supported Bietallism
How would bimetallism benifit farmrrs?
Bimetallism could benefit farmers by stabilizing the value of their crops and reducing the risk of price fluctuations. With a system that recognizes both gold and silver as legal tender, farmers may have a more secure and predictable environment for their transactions and investments.
What policies did both farmers and Populists support?
Bimetallism and fair food prices
