asked 34.2k views
0 votes
How did the united states government make the american public have confidence in the nation's currency in the 1870s?

a. the government backed the currency with cotton.
b. the government permitted state-chartered banks to issue currency.
c. the government established the first bank of the united states.
d. the government adopted the gold standard?

2 Answers

4 votes
The answer would be ( B) because the government permitted  state chartered banks to issue currency.
answered
User Fada
by
8.0k points
4 votes

Answer: d the government adopted the gold standard.

Explanation: The gold standard helped set a specified value for the dollar, and it kept the government from printing too much money.

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.