Unit 2: Populism

The Populist party was made up of which group of people?

• Doctors

• Lawyers

• Farmers

• Teachers

Which of the following always hurt farmers?

• Gold Miners

• Railroads

• American Indians

• Exodusters

Farmers preferred silver money put into the economy in bulk because...

• It would cause deflation.

• It would cause inflation.

The thought was that inflation would raise the price of crops.

• True

• False

Which of the following were points of the Populist Party platform?

• Government ownership of RR

• Graduated Income Tax

• Secret Ballot

• All of the Above

He was the leader of the Populist movement nationally

• Eugene V. Debbs 
• J. P. Morgan 
• Samuel Gompers
• William Jennings Bryan 

Monetary system desired by the Populists that was backed by both gold and silver

• bimetallism
• gold standard
• fiat money
• silver standard

This speech was about monetary policy and was given by William Jennings Bryan during his campaign for president in 1896

• Gettysburg Address 
• Cross of Gold Speech 
• Emancipation Proclamation 
• Follow the Yellow Brick Road Declaration 

What happened to small farmers in America during 1890's

• Couldn't afford expensive farming technologies 
• Saw the price of crops deflate 
• Had to compete with a global agrarian market and the growth of railroads 
• All of the above 

Which was not a problem for the farmers out West?

• long hours working in factories

• high shipping rates

• expensive machinery

• high interest rates on loans