Farmers opposed the gold standard because they claimed that it would

A) Cause high inflation

B) Undermine the national economy

C) Make the currency unstable

D) Cause prices for their crops to decline

Question

History

Winter

20 September, 19:10

Farmers opposed the gold standard because they claimed that it would

A) Cause high inflation

B) Undermine the national economy

C) Make the currency unstable

D) Cause prices for their crops to decline

+2

Answers (1)

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Gregory Mosley · Answer 1

Farmers opposed the gold standard because they claimed that it would cause prices for their crops to decline. The correct option among all the options that are given in the question is the last option or option "D". This sytem of gold standard was abandoned by the government during the depression that happened during the years of 1930s.

Farmers opposed the gold standard because they claimed that it wouldA) Cause high inflationB) Undermine the national economyC) Make the currency unstableD) Cause prices for their crops to decline

Farmers opposed the gold standard because they claimed that it would

A) Cause high inflation

B) Undermine the national economy

C) Make the currency unstable

D) Cause prices for their crops to decline