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Why did the adoption of the gold standard led to the farmers alliance?
Wiki User
∙ 7y ago
because they wanted to. because it was a good idea
Wiki User
∙ 11y ago
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Was gold versus silver the major economic issue of the election of 1896?
Yes, farmers and the Populist Party wanted more silver to be coined rather than the current gold standard.
A brief history on the gold standard?
In 1873, Congress put US currency on the gold standard, which converted all the currency (money) into gold. This reduced the amount of money in circulation because the money supply was limited by the amount of gold the gov't had. This was bad for people like farmers because it made the debt they had worth more than they owed.
The Louisiana purchase was important to western farmers because?
gold was discivered in California
How did the abandonment of the gold standard help economy during the depression?
By the time of the Great Depression, every major economic nation had gone off the gold standard. The US abandoned the gold standard in 1933 and confiscated gold coins. People had been hording gold so by confiscating the coins, the government was trying to make the public use banks and paper currency and not depend on gold.
What did Pharaoh collected from The Peasant farmers oil Lumber gold taxes?
taxes
What did farmers expect from the populist party?
An end to the gold standard
Why did William jennings Bryan compare the gold standard to a cross?
farmers suffered because of gold
Why did farmers reject the gold standard?
money was too scarce ap3x
Why did William jennings Bryan oppose switching to the gold standard?
thought it made farmers pooper . apex :)
Was gold versus silver the major economic issue of the election of 1896?
Yes, farmers and the Populist Party wanted more silver to be coined rather than the current gold standard.
Is there an ultimate alliance gold edition for ps2?
i want to play ultimate alliance gold adition. i havea ps2 and i play ultimate alliance alot. i wanted to play as different characters but i cant. so if there is a ultimate alliance gold adition on a ps2 where could i buy it at like what store or something
A brief history on the gold standard?
In 1873, Congress put US currency on the gold standard, which converted all the currency (money) into gold. This reduced the amount of money in circulation because the money supply was limited by the amount of gold the gov't had. This was bad for people like farmers because it made the debt they had worth more than they owed.
What types of farmers make the most money?
Gold Farmers
How do you get gold on Avengers Alliance?
hack golds
Who was the first to adopt the gold standard?
The gold standard was first adopted in Britain in 1821Read more: gold-standard
What does the G stand for in penicillin G?
penicillin G stands for the phrase gold standard, as in gold standard penicillin.
Why were no British coins made in 1805?
Because the British empire in 1805 had a shortage of bullion (gold and silver), copper coins were still produced on a contract-basis at the Soho Mint and the price of copper had risen, making it impractical for them to issue copper coins. This eventually lead to the adoption of the gold standard (rather than the dual gold and silver standard) in 1816 and a complete recoinage of the nation's gold and silver (and later copper) coins.
