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nekit [7.7K]
3 years ago
10

What was the gold standard? which groups of americans supported it, and which groups opposed it?

History
2 answers:
densk [106]3 years ago
7 0
The gold standard was a way to measure the worth of currency. It was based on how much gold could be bought for the currency. Independent political parties opposed it while the major parties that actually had influence on politics supported it.
Paraphin [41]3 years ago
7 0
They were afraid of losing profits.
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