Please check!
3. What is the effect of the depression of the 1890s on South Carolina?
a. Gold was discovered in Alaska.
b. Many banks failed and railroads went bankrupt.
c. Paper money was no longer backed by gold.***
d. Inflation caused farmers to run large debts.
Yo, take my answers.
A
B
D
C
There's a better answer. Read this site carefully.
http://projects.vassar.edu/1896/depression.html
Senpaiteaa is right!
Senpai teas is correct <3
Senpaiteaa is right. Thanks.
To find the answer to this question, we can analyze the options provided.
a. Gold was discovered in Alaska: This option is not directly related to the effect of the depression of the 1890s on South Carolina, so it can be eliminated.
b. Many banks failed and railroads went bankrupt: This option suggests financial difficulties during the depression, which is a common effect. However, to confirm if this is specific to South Carolina, we need to gather more information.
c. Paper money was no longer backed by gold: This option describes a consequence of the abandonment of the gold standard, which happened during the Great Depression of the 1930s. Hence, this option can be eliminated.
d. Inflation caused farmers to run large debts: This option indicates the impact of inflation on farmers during the depression, which is a common effect and is relevant to South Carolina as well.
Based on the analysis, option b seems to be the most appropriate answer to the question. The depression of the 1890s had an effect on South Carolina in that many banks failed and railroads went bankrupt.