Why did both major parties consider the gold standard important? It was necessary to reduce the power of independent political parties. It was supported by both farmers and manufacturers. They wanted to

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asked Aug 15, 2019 129k views

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Why did both major parties consider the gold standard important?

It was necessary to reduce the power of independent political parties.

It was supported by both farmers and manufacturers.

They wanted to protect newly developed industries.

They believed that it prevented inflation.