Chapter 13 - Farmers and the Populist Movement

What explanation below explains why Greenbacks began to drop in value after the Civil War?

• Greenbacks could only be exchanged for gold.

• The railroad millionaires had placed all Greenbacks in powerful banks.

• Greenbacks could not be exchanged for gold.

• Greenbacks continued to be printed following the Civil War.

Who organized the Grange?

• Oliver Hudson Kelley

• William McKinley

• William Jennings Bryan

• Mary Elizabeth Lease

Who won the election of 1896 (ending the Populist movement)?

• Teddy Roosevelt

• William McKinley

• William Jennings Bryan

• Grover Cleveland

What political party turned the American two-party system into a three-party system for the eleciton of 1896?

• Republican Party

• Democratic Party

• Populist Party

• Whig Party

What political party supported the gold standard?

• Republican Party

• Democratic Party

• Populist Party

• Whig Party

All of the following are true of Gold Bugs except

• they were traditionally bankers and businessmen

• they wanted inflation

• they wanted dollars backed by gold in government vaults

• they wanted less money in circulation

Who said the following as part of an 1896 presidential campaign speech: “You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold.”

• Teddy Roosevelt

• William McKinley

• William Jennings Bryan

• Grover Cleveland

Following the Gold Standard resulted in ________money in circulation, and thus_______the prices for farm goods.

• less, lowering

• more, raising

• foreign, higher

What is the practice of a government using gold AND silver to back money?

• Gold Standard

• Greenbacks

• Bimetallic Standard

• S.H.I.E.L.D.

What explanation below explains why railroad companies were able to charge high prices to farmers to ship their crops in the late 1800s?

• There was a great deal of competition between various railroad companies

• The railroads foreclosed on many farms and took the farmers’ properties

• The railroad companies had essentially no competition.

• They were able to charge high prices because the railroad companies owned the Grange.