2 years ago

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

1 answer:

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

Which is an example of a reason why historical interpretations may change over time

7nadin3 [17]

Answer:

Political scientists discover a new method of scientific research.

Explanation:

5 0

3 years ago

Who declared himself the head of the English Church?

Blizzard [7]

Answer choice 1..........

7 0

3 years ago

Which statement best explains the myth about how Romulus and Remus founded Rome?

galina1969 [7]

Answer: Romulus and Remus are the mythological twin brothers who founded the city of Rome. Here is their story. Romulus and Remus were twin boys born to a princess named Rhea Silvia. Their father was the fierce Roman god of war, Mars.

Explanation:

5 0

3 years ago

Read 2 more answers

Help lol im dumb lol

Sergeu [11.5K]

I think its A. I know it deals with freedom

4 0

3 years ago

Read 2 more answers

What was the main objective from creating the Articles of Confederation?

sukhopar [10]

Answer:

Explanation:

Because 13 or mor estates made a agreement to become one government and blah blah blah, which made a new functioning government, every state is like a country but we are all one

4 0

3 years ago