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25 December, 22:00

What caused economic depression is in the late 1800s

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  1. 25 December, 23:56
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    there was plenty of goods but not enough money APEX
  2. 26 December, 00:56
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    The US government passed the Coinage Act of 1873 in April of that year. This essentially ended the bimetallic standard of the United States, forcing it for the first time onto a pure gold standard. Drove down the price of silver, silver miners were unaware of the ban and their product was no ling welcome.
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