credit mobilier
credit mobilier
Credit Mobilier
increase money supply, lower tariffs, and higher farm prices
increased money supply, lower tariffs, and higher farm prices
increased money supply, lower tariffs, higher farm prices.
increased money supply, lower tariffs, higher farm prices.
gold only
The main issues that took place during the Gilded Age were primarily cultural and economic based. Cultural issues include prohibition, ethnic and racial groups, and education. Economic issues included lack of money supply and imposed tariffs.
During the Gilded Age, the debate over currency typically centered around the choice between gold and silver standards. Presidents like Ulysses S. Grant and William McKinley favored the gold standard, which was seen as a way to stabilize the economy and attract investment. In contrast, advocates for bimetallism, such as supporters of William Jennings Bryan, pushed for the inclusion of silver to increase the money supply and alleviate the burdens on farmers and debtors. Ultimately, the gold standard prevailed during this period.
deflation
deflation
hard; soft