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money was too scarce ap3x
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What types of farmers make the most money?
Gold Farmers
How many countries use the gold standard?
There are no countries today that are using the gold standard.
Is the US using the gold standard for 2010?
No, they stopped using the gold standard in 1971
When did US go off gold standard?
us went off gold standard in 1933
What is gold parity standard?
Gold parity standard is the current system used instead of the international gold standard. This system was made in 1946 by the International Monetary Fund (IMF).
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 the adoption of the gold standard led to the farmers alliance?
because they wanted to. because it was a good idea
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.
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
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.
How and when did South Africa adopt the gold standard and why did they abandon it?
The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold. South Africa adopted the gold standard because it let them be on the same level with the rest of the world. Gold had a set price that was the same all over the world and if everybody used it then everybody's currency was the same. As the Great Depression set in, many countries (including Great Britain) abandoned their gold standard and devaluated their currencies. South Africa, however, (under General J.B.M. Hertzog) briefly maintained its gold standard and farmers were hard hit when the resulting spike in the cost of South African goods devastated exports, especially minerals and wool. Hertzog finally abandoned the gold standard on 27 December 1932. The move returned South Africa's fortunes; gold prices increased and sparked a phase of economic expansion.
Who opposed gold standard?
the democrats opposed the gold standard. the republicans supported it.
Who is the gold standard in WWE?
gold standard, is the nickname (gimmick) of Shelton Benjamin
