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What was the gold standard? Which groups and individuals of Americans supported it supported it, which groups and individuals opposed it?

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Final answer:

The gold standard was a monetary system where a country's currency was directly linked to gold. Supporters of the gold standard included the Federalists, while opponents included the Greenbackers and Westerners.

Step-by-step explanation:

The gold standard was a monetary system where a country's currency was directly linked to gold. Under this system, the government guaranteed that every dollar in circulation could be redeemed for a certain amount of gold. Supporters of the gold standard included the Federalists, who were wealthy landowners and businessmen, and believed a strong government and national currency would benefit the economy. On the other hand, opponents of the gold standard included the Greenbackers and Westerners, who wanted a currency backed by both gold and silver to benefit their regions and increase the money supply.

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