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Walter Carter

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12y ago

Lower cost of production meant lower prices for consumers.

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Q: What best describes why sales of consumer goods soared in the late nineteenth century?
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Continue Learning about U.S. History

What year did quarters stop being made of silver?

1964 was the last date for 90% silver quarters and dimes. The composition was changed to copper-nickel in 1965, when the price of silver soared over the face value of the coins. Note that halves were made out of 40% silver for 6 more years. Also, contrary to popular myth, pre-1965 nickels were NOT made of silver, except for the famous war nickels made during 1942-45.


Why did the labor movement lose its appeal during the 1920's?

Unions lost their appeal in the 1920's because much of the work force consisted of immigrants who could not speak English and spoke a variety of languages. This made it difficult for unions to organize various ethnicities. Also, many unions excluded African Americans. Better answer: as union organizing spread after WWI and strikes became more common, US courts almost universally ruled unions illegal conspiracies, and strikes illegal intimidation and extortion. After hundreds of union members lost their jobs and went to jail, interest naturally declined. In 1935, unionizing became LAWFUL, and its popularity soared.


Were silver certificates used as actual currency back when printed?

Very definitely! In fact, silver certificates were the most common, and sometimes the only, form of $1 bills until 1963 when they were replaced by Federal Reserve Notes. At that time the value of silver was controlled by the Treasury at $1.29/oz so it was always possible to exchange notes for a fixed amount of silver coins or metal. When demand for silver soared the government was forced to deregulate its price, which meant the metal could no longer be used in coins or as backing for bills because their face and intrinsic values could be different. That in fact happened in the mid-1960s; people hoarded huge numbers of silver coins because they could sell them to metal dealers for much more than their face value - sometimes as high as 30 or more times as much. The government ordered dimes and quarters to be made from copper-nickel starting in 1965, and reduced the amount of silver in half dollars until 1971, when that coin too was converted to copper-nickel.


Related questions

Can you give me a sentence for the soared?

You can't say "the soared" in English; the word is just soared. The eagle soared on the wind. We soared over the earth in our plane.


What is the homophone of soared?

soared/sword (or flew/flue/flu)


Is soared a verb?

Soared is the past tense of the verb to soar.


How many syllables are in the word soared?

The word soared has one syllable.


How many syllables are in soared?

The word "soared" has one syllable.


Why did Germanys economy collapse in 1923?

The value of Germany's currency dropped and inflation soared. <---novanet answer


Can soared be used in a sentence?

The twin-boomed aircraft soared and swooped overhead, temporarily bedazzling the camp's guards.


What actors and actresses appeared in The Mouse That Soared - 2009?

The cast of The Mouse That Soared - 2009 includes: Kyle Bell as Audience Member


What is the homonym for sword?

The homonym for the word sword is soared


America's productivity soared in the 1920s as a result of what?

bigger factories


What is the correct spelling for sored as in sored through the sky?

"Soared".


What are the release dates for L-A- Law - 1986 The Mouse That Soared 4-4?

L-A- Law - 1986 The Mouse That Soared 4-4 was released on: USA: 23 November 1989