Republican presidential candidate William McKinley: Select one: a. lost to Bryan in 1896. b. was a stage actor of some renown. c. ran for president in 1896 on the free silver platform. d. was especially popular in the South. e. argued in favor of the gold standard.

Question

Social Studies

Amira Pearson

19 June, 13:17

Republican presidential candidate William McKinley: Select one: a. lost to Bryan in 1896. b. was a stage actor of some renown. c. ran for president in 1896 on the free silver platform. d. was especially popular in the South. e. argued in favor of the gold standard.

+5

Answers (1)

Know the Answer?

Paula Hayden · Answer 1

e. argued in favor of the gold standard.

Explanation:

A gold standard is an economic system that equate gold' weight to a certain amount of currency. When it first enacted in united states, One Troy ounce of gold can be converted to $20.67.

McKinley use his support for the gold standard as his main platform during his presidential election. He argued that including other metal beside gold (such as silver) as a monetary standard can create a volatility in the value of the dollar.