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18
The Bland-Allison Act of 1878 was a compromise between the two groups. What did it do? What happened to the price of silver?
Treasury to purchase between $2-4 million of silver per month at market price.
Price of silver continues to fall, despite this. Supply increases more than demand, so prices fell.
Price of silver continues to fall, despite this. Supply increases more than demand, so prices fell.
Karteninfo:
Autor: savhighsmith
Oberthema: Economics
Thema: History of Economics
Schule / Uni: UGA
Ort: Athens
Veröffentlicht: 15.11.2010