answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Why were industrialists opposed to the silver standard?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why did industrialists oppose the increased coinage of silver during the nineteenth century?

In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.


Why did the industrialists oppose the increased coinage of silver during the nineteenth century?

In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.


Why did industrialists oppose the increase coinage of silver during the nineteenth century?

In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.


Who opposed gold standard?

the democrats opposed the gold standard. the republicans supported it.


Who were the industrialists?

an industrialist a person/individual who is in possession of large industrial enterprise. Many industrialists are opposed to current measures to cut the amount of CFC's their factories create because it could have a negative impact on profit ect.


What is 500 sterling as opposed to 925 sterling?

This means it is continental silver opposed to English silver! Hope this helps!


When was Silver Standard Resources created?

Silver Standard Resources was created in 1946.


What is Silver Standard Resources's population?

The population of Silver Standard Resources is 36.


What is the population of Silver Standard Resources?

Silver Standard Resources's population is 10.


What does 813H mean?

It's a mark on silver that indicates the purity level of 813/1000 or 813 parts per 1000 of pure silver. It's a standard used in Finnish silver, with the H standing for Hopea, the Finnish word for silver. This level of purity is less than sterling but nonetheless indicates the object is silver through and through, as opposed to silver plated.


How did 19th century industrialists encourage competition how did they discourage competition?

The 19th century industrialists encouraged competition by driving in industrialists. Industrialists were discouraged largely by the barriers to entry.


Why did farmers support coinage of silver?

No, it was the businessmen who were opposed.