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Populism

QuestionAnswer
What where some of the farmers problems? Falling prices for crops, inflation, & high cost transport goods
what did the political power do to fix their problems? Farmers organized, and formed populist party/farmers alliances
The Grange Group used to educate farmers for better practices on better ownership
Interstate Commerce Act legislation that regulated railroads and forced fair prices
Populist beliefs -increase $ supply -Graduated Income tax -Election of senate by popular vote -8 hour work day
what is graduater income tax? The more $ you make, the more you are taxed
Problems in 1893 Railroads went bankrupt Gvmt. Ran low on gold Stock market fell 20% unemployment
Solutions Bimetallists: wanted their $ backed up by gold & sliver(Populists) Gold Bugs: only wanted to be backed up by gold
Created by: Mariahhh
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