1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ankoles [38]
2 years ago
11

1. Why would wealthy people want a gold standard and common people want bimetallism?

History
1 answer:
vampirchik [111]2 years ago
3 0

Supporters of bimetallism offer three arguments for it: (1) the combination of two metals can provide greater monetary reserves; (2) greater price stability will result from the larger monetary base; and (3) greater ease in the determination and stabilization of exchange rates among countries using gold, silver, or bimetallic standards will result.

You might be interested in
What is true about how the robber barons did business apex?
Zina [86]

Answer;

They became rich by building monopolies

Explanation;

-America's tycoons in the 19th and early 20th centuries, nicknamed as "robber barons," built massive empires and accumulated unprecedented wealth.

-Many of these men gained their vast fortunes either at the expense of their factory workers or by methods that were considered unscrupulous even back then, a time when insider trading wasn't yet outlawed.

-However, some of them also gave away their fortunes to build universities, hospitals, libraries, and museums that still dot America today.

5 0
3 years ago
What arguments could be made for using atomic bombs to end the war? What arguments could be made against using atomic weapons in
Molodets [167]

The main argument in support of the decision to use the atomic bomb is that it saved American lives which would otherwise have been lost in two D-Day-style land invasions of the main islands of the Japanese homeland

5 0
3 years ago
Read 2 more answers
What did Solon do to help farmers?
netineya [11]
<span>He removed debt-slavery so that they were not destroyed by poor seasons.</span>
7 0
3 years ago
Which nation was created in 1948 in the middle east to provide a homeland for the jews?
andrew11 [14]
The country of Israel was created in 1948 to provide a homeland for the Jews.
5 0
3 years ago
When was the European Union created
ki77a [65]

Answer:

November 1, 1993, Maastricht, Netherlands

Explanation:

5 0
3 years ago
Read 2 more answers
Other questions:
  • Feudal society was characterized by?
    5·1 answer
  • What was terror so important to genghis khan
    13·1 answer
  • Why were the society of friends persecuted in England during the 1600s
    12·2 answers
  • What is a hook <br><br> PLZ HELP
    15·2 answers
  • Identify the causes of the rise of the Populist Party and the effects the party had.
    10·1 answer
  • Who is responsible for protecting and honoring treaties with Native Americans? ​
    10·2 answers
  • 1.) What was the political geography of Ancient Greece? How were states and cities organized?
    7·1 answer
  • House of representatives and the Senate make up which branch of the US government
    7·2 answers
  • In response to tariffs south carolina tried to ____ the union ?<br><br> plsssss hurry
    12·1 answer
  • What invented home work to all of the world?​
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!