Farming in the Gilded Age

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Questions and Answers

What was a key economic reform proposed by the Populist Party?

  • Graduated income tax (correct)
  • Tariffs on imported goods
  • Tax exemptions for big businesses
  • Sales tax on agricultural products

Which of the following was NOT a demand put forth by the Populist Party?

  • Direct, popular election of senators
  • Government ownership of railroads
  • Lowering protective tariffs for manufacturing
  • Increasing national banks' power (correct)

Why did the Populist Party draw more support during an economic recession?

  • Due to their focus on international markets
  • For addressing farmers' victimization by Big Money (correct)
  • Because they supported Eastern financial interests
  • By downplaying economic realities

What effect did William Jennings Bryan's 'Cross of Gold' speech have on the Populist Party?

<p>It led to the dissolution of the Populist Party (C)</p> Signup and view all the answers

What eventual outcome did the Progressives achieve regarding the policies originally endorsed by the Populists?

<p>They advanced many of the Populist Party's policies (C)</p> Signup and view all the answers

Why did the rapid transformation into an urban, industrial power come at the expense of America's rural community?

<p>Because farmers were becoming more distressed and discontented with the changes. (A)</p> Signup and view all the answers

What contributed to the increase in demand for food in the United States following the Civil War?

<p>Significant immigration and urbanization (D)</p> Signup and view all the answers

How did the surplus production of wheat impact the American farmers economically?

<p>It led to a decrease in prices, causing financial difficulties for farmers. (D)</p> Signup and view all the answers

What effect did protective tariffs have on American farm goods in foreign markets?

<p>They faced retaliation in the form of tariffs from foreign nations. (D)</p> Signup and view all the answers

Why were export markets dwindling for American farmers during the Gilded Age?

<p>Due to bumper crops in South America and Europe (C)</p> Signup and view all the answers

Why did farmers in the Gilded Age join organizations like the Grange and Farmers' Alliances?

<p>To combat monopolistic pricing by railroads and grain elevators (D)</p> Signup and view all the answers

What was the primary target of the Grange's efforts in challenging economic policies?

<p>Monopolistic pricing of the railroads (C)</p> Signup and view all the answers

How did the Supreme Court ruling in Munn v. Illinois affect the relationship between government and businesses?

<p>It allowed for government regulation of businesses affecting the public interest (D)</p> Signup and view all the answers

What caused farmers to believe that they needed national legislation following the Wabash Case?

<p>The nullification of state regulations on interstate commerce (D)</p> Signup and view all the answers

Why did farmers suggest using 'greenbacks' and silver to back the currency at the national level?

<p>To counter the effects of deflation and help pay off debts more easily (C)</p> Signup and view all the answers

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