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Why did both major parties consider the gold rush standard important?
Wiki User
∙ 11y ago
they believed that it prevented inflation
Wiki User
∙ 11y ago
Both major parties considered the gold rush standard important because it was seen as a way to stabilize the economy and create confidence in the value of currency. The gold rush standard tied the value of money to the supply of gold, which was believed to provide a stable foundation for the economy. Additionally, it was believed that a gold-backed currency would prevent inflation and protect against the volatility that can come with paper money.
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Does Japan have political parties?
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Republican and Democrat
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Both parties wanted to protect newly developed industries
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Why did both major parties consider the?
We don't know what you want to know. Need a noun to know how to answer.
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there is more than two major parties 2nd Answer: Right! The other major parties are the Libertarian Party, the Green Party, and the Constitution Party.
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minor, or third, parties appear from time to time. although no third-party candidate has ever been elected president, minor parties do affect election outcomes. they take votes from major parties and they call attention to certain issues.
