credit mobilier
The main issues that took place during the Gilded Age were primarily cultural and economic based. Cultural issues include prohibition, ethnic and racial groups, and education. Economic issues included lack of money supply and imposed tariffs.
During the Gilded Age, owners of large businesses and creditors supported a gold-backed monetary policy because it promoted stability and prevented inflation, which protected their investments and loans. In contrast, farmers and debtors advocated for a bimetallic standard, allowing both gold and silver as currency, to increase the money supply and make it easier to pay off debts. This divergence in interests highlighted the economic tensions of the era, as the former group prioritized financial conservatism, while the latter sought relief from economic hardship.
debtors
salt and cotton and they raised money to help build hospitals for the sick troops**(:
The United states would supply money and arms.
Credit Mobilier
credit mobilier
increase money supply, lower tariffs, and higher farm prices
increased money supply, lower tariffs, and higher farm prices
increased money supply, lower tariffs, higher farm prices.
increased money supply, lower tariffs, higher farm prices.
gold only
The main issues that took place during the Gilded Age were primarily cultural and economic based. Cultural issues include prohibition, ethnic and racial groups, and education. Economic issues included lack of money supply and imposed tariffs.
deflation
deflation
hard; soft
Essentially, anyone without money.