Asked by Kathryn Rowan on Jun 10, 2024
Verified
Who supported the gold standard?
A) Republicans
B) Populists
C) Democrats
D) farmers
Gold Standard
A monetary system where a country's currency or paper money has a value directly linked to gold.
Republicans
Members of the Republican Party, one of the two major political parties in the United States, traditionally supporting conservative policies.
Democrats
A major political party in the United States, known for its liberal policies, emphasizing social equality, environmental protection, and government intervention in the economy for social welfare.
- Explore the political and societal trends of the period, involving labor rights, women's voting rights, and the push for temperance.
Verified Answer
AM
Akanksha MauryaJun 11, 2024
Final Answer :
A
Explanation :
Republicans were historically known for supporting the gold standard, especially during the late 19th and early 20th centuries. This monetary system, where currency is backed by gold, was seen as a way to ensure economic stability and encourage investment.
Learning Objectives
- Explore the political and societal trends of the period, involving labor rights, women's voting rights, and the push for temperance.