The monetary inflation needed to relieve the social and economic hardships of the late nineteenth century eventually came as a result of

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The increase in the international gold supply, particularly from gold discoveries in Australia and South Africa, led to an increase in the money supply and a decrease in the value of gold, which resulted in inflation. This inflation helped relieve some of the economic hardship experienced during the late nineteenth century.

The Monetary Inflation Needed to Relieve the Social and Economic