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Alex787 [66]
2 years ago
5

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

History
1 answer:
lora16 [44]2 years ago
8 0

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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