Please check this!!! It is South Carolina State History. Thanks!!!

  1. What is the effect of the depression of the 1890s on South Carolina?
AGold was discovered in Alaska.
BMany banks failed and railroads went bankrupt.
CPaper money was no longer backed by gold.
DInflation caused farmers to run large debts.
  1. 1. What was the effect of the rise of unions in the late 1800s?
AThe population in cities quickly grew.
BSouth Carolina developed many unions prior to World War I.
CWorkers had more bargaining power with management.
DLiving conditions in cities improved significantly.

Verified Answer :

Both are correct. 
Paper money wasn't backed by gold anymore because of the big economic crash and because of the unions and more people working together, they usually got what they wanted and had more bargaining power.

Hope this helps :)