subject
History, 18.07.2019 15:00 karenlemus4774

"our country finds itself confronted by conditions for which there is not precedent in the history of the world; our annual agricultural productions amount to billions of dollars in value, which must, within a few weeks or months, be exchanged for billions of dollars' worth of commodities consumed in their production; the existing currency supply is wholly inadequate to make this exchange; the results are falling prices, the formation of combines and rings, the impoverishment of the producing class." —from the populist party platform, 1892 according to populists, how would the free coining of silver address the problems outlined in the party's platform? coining more money would lead to inflation, which would increase wages for factory workers who purchase farmers' crops. speeding up the circulation of money would raise interest rates, which would make banks less profitable. increasing the money supply would raise crop prices, making it easier for farmers to pay their debts and make profits. using both silver and gold as coins would enlarge the federal budget, making it possible to pay for more welfare programs for the poor

ansver
Answers: 1

Other questions on the subject: History

image
History, 21.06.2019 22:30, alyssa32900
How did a woman’s education differ from a man’s education prior to the mid-19th century? a. women’s schools were unsanitary. b. women’s teachers were inadequate. c. women’s opportunities were unequal. d. women’s schools were more expensive
Answers: 2
image
History, 21.06.2019 23:50, kyla1220
Which triat did the northeast woodland indians have in common with the southeast indiana
Answers: 3
image
History, 22.06.2019 01:00, biggy54
What domestic issues did england and france have?
Answers: 1
image
History, 22.06.2019 11:00, Amariahploiee
The unification of italy and germany was masterminded by strong leaders who relied on . the main leaders were otto von bismarck in germany and in italy. these leaders used to unite people in supporting their aims.
Answers: 3
You know the right answer?
"our country finds itself confronted by conditions for which there is not precedent in the history o...

Questions in other subjects:

Konu
History, 23.08.2021 14:00