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Why did industrialist oppose the increased coinage of silver during the 19th century?
Industrialists opposed the increased coinage of silver during the 19th century primarily because they favored a gold standard, which was seen as more stable and conducive to economic growth. They believed that an increased supply of silver would lead to inflation, undermining the value of money and creating uncertainty in business transactions. Additionally, industrialists were concerned that a bimetallic standard would disrupt international trade and investment, as many countries adhered to the gold standard. This preference for a stable currency aligned with their interests in promoting industrial expansion and maintaining economic stability.
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What is the meaning of the word schindler?
Oskar Schindler was a German industrialist famous for employing Jews during World War 2, saving them from concentration camps.
What did the Muslim established in India during 16th century?
During the 16th century, the Muslims estbalished the Mughal Empire throughout much of India.
What was NOT a reaction to free trade with China in the US during the 19th Century?
what was not a reaction to free trade with china in the united states during the 19th century
What were the problems on the Great Plains during the late 19th century?
A problom that farmers faced during the last half of the 19Th century was cheating wifes.
What year is Peter Pan set in?
During turn-of-the-century London, England. I don't know the year, but it's sometime during the 19th century.
Why did industrialists oppose the increased coinage of silver during the nineteenth century?
In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.
Why did the industrialists oppose the increased coinage of silver during the nineteenth century?
In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.
Why were industrialist during the age of big business called captains of industry?
They increased the supply of goods and created many jobs
Why did industrialists oppose the increase coinage of silver during the nineteenth century?
In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.
During the second half of the 20th century the role of the vice-presidency has?
Increased
During the agricultural revolution of the 18th century farmers increased the crop production?
crop rotation
Territorial expansion during the first half of the 19th century contributed to?
Increased tensions over slavery
During the agricultural revolution of the 18th-century farmers increased the crop production by using?
Crop rotation
During the agricultural revolution of the 18th century farmers increased the crop production by using?
Crop rotation
What was the main reason the population of the British North American colonies increased in the eighteenth century?
The main reason that the population of the British North American colonies rapidly increased during the eighteenth century was that the volume of slave trade increased a great deal. The number of black people in the colonies increased by 10 to 35+ times from the beginning of the eighteenth century until mid-century.
What country first used paper money?
The first known use of paper money was in china during the 7th century; it was used to reduce the amount of coinage carried by travelers as it weighed too much.
What nineteenth century US industrialist was closely associated with railroading?
Cornelius Vanderbilt is the 19th century industrialist most closely associated with railroading. Vanderbilt was associated with a group of American industrialists known as â??robber barons.â??
