<span>The gold standard is a monetary system where a country's currency or paper money has a value directly linked to gold.</span><span><span>The
farmers opposed the gold standard because in order to live on their
farms, they needed to take out a mortgage on them because they couldn't
pay the entire fee by themselves. Thus, farmers were in debt, and a gold
AND silver standard would help them by increasing the amount of
currency in circulation. Inflation would help debtors because more
currency would be produced, therefore the value of each currency would
decrease and the value of their debts would similarly decrease, making
it easier to pay off. The amount of debt would stay the same, but they
would be getting higher wages because of inflation. The wealthy and
eastern industrial workers supported a gold standard because inflation
would not help them. The wealthy had savings accounts and such, and
inflation would lessen the value of their savings. Similarly, the
industrial workers might also have a small savings account, but would
not have a mortgage on a farm like the westerners (they would live in
tenement buildings), so inflation would not have a positive effect on
them either. </span> </span>
Answer:
Women in the late nineteenth and early twentieth centuries.
Explanation:
Women began to change their position in society by going out and attending colleges in the 19th century and early 20th centuries. The reason behind was the nineteenth century, which saw disturbance and change in the lives of women. Women began to fight for their rights, including voting, in the workforce, etc. In the 20th century, the women's rights movement got equal opportunities in higher education and employment.
He didn't care, he only cared for himself
<span>A. Many people took out risky loans that could only be repaid if stock prices continued to rise. (apex)</span>
<u>Positive Economists'</u> purpose is to create an explanation of a certain economic phenomena.
These economists use statistics in order to find out the aggregate behavior of the people because of a certain economic decisions. From this, they can developed an understanding to explain the economic phenomena.
<u>The normative economists' </u>purpose is to find out whether a certain economic decision achieve its original purpose.
They used statistic as a quantitative measurements. They determine the goals of a certain economic policy and They compared the statistic before the economic policy was implemented to the condition after the implementation .
This will help them know whether the policy achieve its original goals.
For example. if a certain policy was created to reduce unemployment, normative economists will compare the data/statistic about the number of employment before and after the policy.
