Chapter 11 Section 2 : Populism

movement to increase farmers political power and work for laws to be passed in their interest

• populism

• inflation

What groups did farmers fell victimized by

• banks

• railroads

• both

• neither

what are greenbacks

• gold/silver coins

• paper currency

what is an increase in the value of money and decrease in prices

• inflation

• deflation

how does deflation hurt farmers

• increased interest rates

  higher interest rates

  lower prices

• decreased interest rates

  lower interest rates

  higher prices

what did the farmers begin demanding the US government do about deflation

• print more money

• place more tariffs

government stopped minting silver coins and the farmers called this

• Crime of 1873

• Panic on 1812

marketing organizations for the benefit of farmers

• cooperatives

• exchanges

What organization replaced the Grange

• Farmer's Alliance

• National Farm organization

What did the alliance create to raise prices

• inflation

• exchanges