Test: GED Social Studies

"If you make money scarce you make money dear. If you make money dear you drive down the value of everything, and when you have falling prices you have hard times. And who prosper by hard times? There are but few, and those few are not willing to admit that they get any benefit from hard times. No party ever declared in its platform that it was in favor of hard times, and yet the party that declares for a gold standard in substance declares for a continuation of hard times. It is hard to talk when all the conditions are favorable, and I must ask you to excuse me from talking any further in the presence of the noises against which we have to contend today."

-William Jennings Bryan


In the preceeding passage, the 1896 Democratic presidential nominee, William Jennings Bryan, is railing against which economic phenomenon which he associates with economic "hard times"? 






1/2 questions


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