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8 December, 20:20

During the Industrial Age, why did many industrialists oppose the free coinage of silver?

They believed it would hurt farmers by raising crop prices.

They believed it would cause inflation and hurt the economy.

They believed it would encourage workers to go on strike.

They believed it would lead to higher tariffs on imports.

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  1. 8 December, 20:48
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    B. They believed that it would cause inflation and hurt the economy

    Explanation:

    It would have led to a significant increase in inflation.
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