zykia1002 zykia1002
  • 30-01-2019
  • History
contestada

In the late 1800s why did industrialists support the gold standard

Respuesta :

hwatter5873 hwatter5873
  • 30-01-2019

The gold standard kept the prices stable and fixed. It meant keeping prices and wages down. This, for the industrialists, meant it kept up their profits and their workers' wages down. It was a perfect business ratio for them.

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kaitlinsierras
kaitlinsierras kaitlinsierras
  • 11-11-2020

Answer:

B; The gold standard kept the price of gold fixed, which kept both prices and wages down.

Explanation:

edg2020

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