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Why did farmers support coinage of silver?
No, it was the businessmen who were opposed.
Who were most likely to support William Jennings Bryan in the election of 1896?
People who would support William Jennings Bryan would be most likely farmers and people who supported the use of silver for money and not only the use of the gold standard.An evangelical ProtestantA small farmer in KansasNevada silver minerspopulistscotton farmers
What was the currency used in Mesopotamia?
The currency used in Mesopotamia was primarily in the form of barley and silver.
What was the paper currency that could be cashed for gold and silver coins called in Colonial America?
The paper currency that could be exchanged for gold and silver coins were known as Bills of Credit.
What was the currency during the revolutionary war that was not blocked by gold and silver?
the continental
Which currency standard did Populists support?
silver
Why did farmers support coinage of silver?
No, it was the businessmen who were opposed.
Why did farmers want currency backed by silver?
so that if the dollar ceases to exist, then silver would be worth more; it's also a good investment.
What types of groups in the gilded age did NOT support increased coinage of silver?
Farmers
Why did western farmers wanted free silver?
why did western farmers want free silver?
Who were most likely to support William Jennings Bryan in the election of 1896?
People who would support William Jennings Bryan would be most likely farmers and people who supported the use of silver for money and not only the use of the gold standard.An evangelical ProtestantA small farmer in KansasNevada silver minerspopulistscotton farmers
The Greenback party wanted money to be backed by which metal?
The Greenback party wanted money to be backed by silver rather than gold. They believed that using silver as a standard for the currency would benefit farmers and debtors who needed more money in circulation.
How would bimetallism help the economy according to its support?
by giving people either gold or silver in exchange for paper currency or checks
Who gave the most support to the free silver campaign of 1896?
farmers, who thought that a larger money supply would ease their bebt.
Those who advocated soft currency and silver coinage were actually calling for?
Those who advocated soft currency and silver coinage were actually calling for a monetary system that relied more on the value of silver in relation to paper currency. They believed that this would provide stability in the economy and protect against inflation. Additionally, they believed that silver coinage would benefit working-class individuals who had limited access to gold coins.
What was the reason for the currency act?
Britain's rationale for enacting the Currency act of 1764 was to support British merchants, and therefore benefit the British economy. And also to increase the gold and silver reserves in Great Britain, which were running very low on this nonpaper money currency.
Why did the populist party support free silver?
yes, it did they are the ones that wanted it to happen. the populist party was made up of farmers and farmers wanted it so they could pay of their debt
