114k views
5 votes
TEXT ANSWER

Describe the economic conditions that drove many farmers
and others to join the Populist Party and why they believed
bimetallism would benefit them.
Respond in at least four sentences.
You may choose to start parts of your response with:
• Farmers faced economic challenges such as
...
• They believed the Populist Party support of bimetallism
would help them by ...

User Mark Booth
by
7.9k points

1 Answer

5 votes

Final answer:

Farmers joined the Populist Party due to economic challenges. They believed bimetallism would benefit them.


Step-by-step explanation:

Farmers faced economic challenges such as falling crop prices, increasing debt, and the dependence on expensive railroad transportation. These conditions drove many farmers to join the Populist Party, which aimed to address their concerns and advocated for policies that would benefit them. They believed that the Populist Party's support of bimetallism would help them by increasing the money supply and providing relief from debt burdens through inflation. Bimetallism would allow for the coinage of both gold and silver, leading to an increase in the money supply and potentially higher crop prices.


Learn more about Populist Party and bimetallism

User Jiehfeng
by
7.4k points