How did bimetallism help with railroads?

2 answers:

5 0

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

Nataly_w [17]3 years ago

4 0

Answer: cheap metals!

Explanation:

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

You might be interested in

Why do people not want george floyd bill to pass?

algol13

Answer:

The reason is because everyone has their opinion that is different than others. Some thought it was okay others not but some thought the bill was biased.

Explanation:

6 0

3 years ago

What body of water is located at 34' 14'N, 17' 17'E?

Lisa [10]

Idk to be honest with you i cant think of anything

3 0

4 years ago

The images show artwork from Spain and Israel. Top: a bird with colorful wings standing on one leg. Bottom: 4 adults and 1 child

otez555 [7]

Answer: A. They both use Roman techniques.

Explanation:

I took the answer and got it correct.

7 0

3 years ago

Read 2 more answers

Read the quotation from the Greek philosopher Aristotle. A state which becomes progressively more and more a unity will cease to

larisa [96]

I remember this question and I believe the answer is: D) allow for a diversity of opinions

3 0

3 years ago

How was the necessary unanimous vote accomplished in 1950?

MakcuM [25]

Answer:

the unanimous choice would ... II it fell to the Americans and the Soviets to decide what should be done with their ... nonintervention was not considered an option by many top decision makers.

Explanation:

3 0

4 years ago