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How did the discovery of gold influence the American economy?

It helped pay for Civil War expenses and started a national recovery.
It decreased trade as businesses focused more on digging.
It discouraged people in other nations from investing in the United States.
It set the value of the dollar by how much gold it could be traded for

1 Answer

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Answer: It set the value of the dollar by how much gold it could be traded for, and it helped to pay for civil war expenses and started our nations recovery.

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User Vance Lucas
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