Question

Could someone please explain the Black Friday Scandals to me? I could use quite a bit of information about them. I'm having some trouble finding some good information.

Answer 1

Ok

Answer 2

At the root of the scandal were two well-known scoundrels, Jay Gould and Jim Fisk. He did so by using gold to buy dollars from citizens at a discount and replacing them with currency backed by gold.

Answer 3

Thank you! But I could use a little bit more. At least some points that I could do further research on.

Answer 4

Ok I'll try to get more information for you

Answer 5

Thank you!!

Answer 6

Can you try this -https://en.wikipedia.org/wiki/Black_Friday_(1869)

Answer 7

Dont use wikipedia...any1 can go on there and change stuff

Answer 8

Bruh

Answer 9

haha i was thinking the same thing

Answer 10

My school blocks Wikipedia so I actually can't

Answer 11

mhm I see

Answer 12

Ok I'll got you

Answer 13

I*

Answer 14

1. Yes wikipedia isn't always correct but that's bc it's an opinionated website.
2. These might help.

https://www.pbs.org/wgbh/americanexperience/features/grant-black-friday/

Answer 15

Is history blocked for you?

Answer 16

We'll if it isn't then use this-https://www.history.com/news/the-black-friday-gold-scandal-145-years-ago

Answer 17

basically what Astrid posted

Answer 18

Astro*

Answer 19

Right!

Answer 20

Thank you!

Answer 21

I also recommend you to also use this for more info -https://study.com/academy/lesson/black-friday-scandal-of-1869-history-lesson-quiz.html

Answer 22

And np

Answer 23

Black Friday, in U.S. history, Sept. 24, 1869, when plummeting gold prices precipitated a securities market panic. The crash was a consequence of an attempt by financier Jay Gould and railway magnate James Fisk to corner the gold market and drive up the price.