WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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They tried to develop other ways to move their crops to market.
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They boycotted railroads that charged unfair rates.
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They supported the adoption of the gold standard.
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They organized groups such as the Grange and the Populist Party to work for reforms.
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Detailed explanation-1: -As farmers fell deeper into debt, whether it be to the local stores where they bought supplies or to the railroads that shipped their produce, their response was to increase crop production each year in the hope of earning more money with which to pay back their debt. The more they produced, the lower prices dropped.
Detailed explanation-2: -The Populist Party emerged in the early 1890s as an important force in the Southern and Western United States, but collapsed after it nominated Democrat William Jennings Bryan in the 1896 United States presidential election.
Detailed explanation-3: -Thus, farmer indebtedness began to rise, and many lost their land or were threatened with foreclosure. They bristled against the inequality that defined their financial straits and seeming powerlessness while industrialists and bankers were growing incredibly wealthy and powerful.
Detailed explanation-4: -Farmers formed cooperatives, interest groups, and political parties to protest their declining fortunes and to increase their political and economic power.