USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

WESTWARD EXPANSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What idea was aimed at creating an economic change that Populists believed would benefit farmers and those in debt?
A
the adoption of the gold standard
B
the use of federal deficit spending to create jobs
C
the expansion of the money supply based on silver
D
the adoption of a trickle-down tax cut
Explanation: 

Detailed explanation-1: -Supporters of free silver included owners of silver mines in the West, farmers who believed that an expanded currency would increase the price of their crops, and debtors who hoped it would enable them to pay their debts more easily.

Detailed explanation-2: -Populists asserted that the railroad, telephone and telegraph systems were so important that they should be owned by the people. This was seen by some as a threat to private enterprise and capitalism.

Detailed explanation-3: -The Populists were an agrarian-based political movement aimed at improving conditions for the country’s farmers and agrarian workers. The Populist movement was preceded by the Farmer’s Alliance and the Grange.

Detailed explanation-4: -The Ocala Demands laid out the Populist platform: collective bargaining, federal regulation of railroad rates, an expansionary monetary policy, and a Sub-Treasury Plan that required the establishment of federally controlled warehouses to aid farmers.

Detailed explanation-5: -The Populists believed that the federal government needed to play a more active role in the American economy by regulating various businesses, especially the railroads. In particular, the Populists supported women’s suffrage the direct election of United States Senators.

There is 1 question to complete.