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Why did Populists want the United States to move from a currency backed by gold to one backed by both gold and silver?
it would increase the supply of money
Why did Populists want the US to move from a currency backed by gold to one back by both gold and silver?
it ould increase the supply of money
Why did populists want the US to move from a currency backed by both gold and silver?
Populists advocated for a shift from a gold and silver-backed currency to a system primarily based on silver because they believed it would increase the money supply, stimulate economic growth, and help struggling farmers and laborers. They argued that a bimetallic standard favored wealthy elites and banks, while a silver standard would empower the working class and alleviate debt burdens. By promoting "free silver," populists sought to combat deflation and ensure more accessible credit for the average American.
What did populist want the US to move from a currency backed by gold to one backed by both gold and silver-apex?
Populists advocated for a shift from a gold-backed currency to a bimetallic standard that included both gold and silver to increase the money supply and stimulate economic growth. They believed that this would make credit more accessible to farmers and working-class citizens, ultimately addressing the economic struggles of these groups. By incorporating silver, they aimed to counteract the deflationary pressures associated with the gold standard, promoting inflation that would benefit debtors. This movement was part of a broader demand for economic reforms to empower the common people against wealthy elites.
Why did populist want the US to move from currency backed by gold to one backed by both gold and silver?
In 1893, the country was in thrown into a depression that lasted until roughly 1900 from the bursting of the railroad speculation bubble. Populists, who were primarily farmers, wanted to reinstate the system of bimetallism that had traditionally been in place in an effort to inflate the currency to provide them with more cash that could then be used to pay off their debts with cheaper dollars. -It would increase the supply of money.
Why did the populists want the US to move from a currency backed by gold to one backed by both gold and silver?
It would increase the supply of money.
Why did populists want the US to move from currency backed by gold to one backed by both gold and silver?
It would increase the supply of money.
Why did Populists want the United States to move from a currency backed by gold to one backed by both gold and silver?
it would increase the supply of money
Why did populists want the unites states to move from a currency backed by gold to one backed by both gold and silver?
it would increase the supply of money
Why did Populists want the US to move from a currency backed by gold to one back by both gold and silver?
it ould increase the supply of money
Why did populists want the US to move from a currency backed by gold to one backed by both gold and silvers?
It would increase the supply of money.
Why did the populist want the US to move from a currency backed by gold to one backed by both gold and silver?
In 1893, the country was in thrown into a depression that lasted until roughly 1900 from the bursting of the railroad speculation bubble. Populists, who were primarily farmers, wanted to reinstate the system of bimetallism that had traditionally been in place in an effort to inflate the currency to provide them with more cash that could then be used to pay off their debts with cheaper dollars. -It would increase the supply of money.
Why did populist want US to move from a currency backed by gold to one backed by both gold and silver?
In 1893, the country was in thrown into a depression that lasted until roughly 1900 from the bursting of the railroad speculation bubble. Populists, who were primarily farmers, wanted to reinstate the system of bimetallism that had traditionally been in place in an effort to inflate the currency to provide them with more cash that could then be used to pay off their debts with cheaper dollars. -It would increase the supply of money.
Why did populist want the US to move from a currency backed by gold to on backed by both gold and silver?
In 1893, the country was in thrown into a depression that lasted until roughly 1900 from the bursting of the railroad speculation bubble. Populists, who were primarily farmers, wanted to reinstate the system of bimetallism that had traditionally been in place in an effort to inflate the currency to provide them with more cash that could then be used to pay off their debts with cheaper dollars. -It would increase the supply of money.
Why did populist wants the US to move from currency backed by gold to one backed by both gold and silver?
In 1893, the country was in thrown into a depression that lasted until roughly 1900 from the bursting of the railroad speculation bubble. Populists, who were primarily farmers, wanted to reinstate the system of bimetallism that had traditionally been in place in an effort to inflate the currency to provide them with more cash that could then be used to pay off their debts with cheaper dollars. -It would increase the supply of money.
Why did populist want the US to move from currency backed by gold to one backed by both gold and silver?
In 1893, the country was in thrown into a depression that lasted until roughly 1900 from the bursting of the railroad speculation bubble. Populists, who were primarily farmers, wanted to reinstate the system of bimetallism that had traditionally been in place in an effort to inflate the currency to provide them with more cash that could then be used to pay off their debts with cheaper dollars. -It would increase the supply of money.
Why did populist wanted US to move from a currency backed by gold to one backed by both gold and silver?
In 1893, the country was in thrown into a depression that lasted until roughly 1900 from the bursting of the railroad speculation bubble. Populists, who were primarily farmers, wanted to reinstate the system of bimetallism that had traditionally been in place in an effort to inflate the currency to provide them with more cash that could then be used to pay off their debts with cheaper dollars. -It would increase the supply of money.
