It allowed countries to keep a larger reserve of precious metals to circulate money basically meaning it was a cheap product to use for railroads to save money
Bimetallism. Farmers, especially in the wheat and cotton belts, supported bimetallism because they felt it was inflationary and advantageous to them and the economy; silver miners in the western United States supported bimetallism to ensure the value of silver.
Bimetallism is a monetary system that's based on the value of two metals, usually gold and silver. Bimetallism was very popular during the early and late 1800's. The most significant benefit of bimetallism is the fact that it allows countries to keep a larger reserve of precious metals to circulate money. mark me brainliest please i need it for my rank
Equity-efficiency tradeoff results when maximizing the productive efficiency of a market leads to a reduction in its equity—as in how equitably its wealth is distributed.
