In the late 1800s, why did industrialists support the gold standard? the gold standard kept the price of gold flexible, which made the value of currency go up and down. the gold standard kept the price of gold fixed, which kept both prices and wages down. the gold standard kept the price of gold fixed, which caused wages to steadily increase. the gold standard kept the price of gold flexible, which also made the price of silver flexible.

The correct answer is Option B) The gold standard kept the price of gold fixed, which kept both prices and wages down.

In the early years of the Industrial revolution, the world was changing at a fast pace. New jobs were being created, goods were being traded at a rapid pace and demand was growing all over the world.

In such a circumstance, Industrialists did not like to support the 'fiat' standard where currencies fluctuating daily determined market prices for their goods.

This was incompetitive especially in Global trade.

With the Gold Standard, prices were fixed, which not only helped to keep wages down, but also helped them to plan their goods better and grow their business.

the phenomenon that would be cited as evidence of increased economic interdependence between europe and the americas is  the development of mercantilism.

this theory suggests that the wealth of a country depends on its economic assets, or capital.

hope this : )

so the story tells of someone named kaushik choudhuri, but he does not narrate the story, a girl named hema does. hema tells the story in a second person point of view because you (the reader) are supposed to be the boy named kaushik.

here's an excerpt i found: "i was ushered into the fitting room, your mother watching approvingly as i took off my coat and sweater and tried on the bra."

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