0
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 else can I help you with?
The brief history of librarianship in Ancient world?
the brief history of librarianship
What happend in history today 29th of March?
On March 29, 1897, the Gold standard was adopted by Japan.
What is the brief history of gomburza?
ewan
What was the shortest gold rush?
The shortest gold rush in history is often considered to be the 1896-1897 gold rush in Cape Nome, Alaska. It began when gold was discovered on the beaches of Nome, attracting thousands of prospectors. However, the gold was quickly depleted, and the rush effectively ended within just a few months, making it a brief but intense period of excitement and migration.
Brief history of estate management?
biography of estate management
What is the Brief history of personality development?
brief history of personality
Brief history of statistics in the philippines?
brief history of philippines
When was A Brief History... created?
A Brief History... was created in 2002.
The brief history of librarianship in Ancient world?
the brief history of librarianship
What has the author IanM Drummond written?
IanM Drummond has written: 'The gold standard and the international monetary system 1900-1939' -- subject(s): Gold standard, History
What was the silver standard and the gold standard as they related to US history?
The silver standard and the gold standard refers to the ways the United States backed their money. For every dollar in the economy, there was a dollars worth of gold to back it up in a reserve. People could go and exchange their money in for gold if they wanted to. The same thing applied to silver.
Where can you find a brief history of Serbia?
Wikipedia always has a brief history . you should check that out .
Can you give a brief history?
A brief history of what? Be more specific. This can't be answered the way it is written.
What was Stephen hawkings most famous book?
A Brief History of Time
What happend in history today 29th of March?
On March 29, 1897, the Gold standard was adopted by Japan.
What are the release dates for A Brief History of Women - 2009?
A Brief History of Women - 2009 was released on: USA: 2011
Who was the first to adopt the gold standard?
The gold standard was first adopted in Britain in 1821Read more: gold-standard
