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Which of the following did farmers not support?

Gold standard

Increase in the money supply

Federal regulation of the railroad

2 Answers

2 votes

Federal Regulation of the railroads

User Brian Takita
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2 votes

Answer:

Farmers did not support the Gold standard.

Step-by-step explanation:

Hi, the correct answer is "Gold standard".

In the late 1800's Farmers were opposed to the gold standard because it restricted the amount of money in circulation. The government had a limited amount of gold, that caused people having problems to commerce and lead the way to deflation.

Deflation depressed the price of crops and affected the farmers directly.

Feel free to ask for more if it´s necessary or if you did not understand something.

User Fabiopagoti
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