Farmers who joined the Greenback Party in the late-19th century felt that
a. the government should make efforts to curb the inflation that the country was experiencing.
b. farm prices were too high in comparison to the overall price-level of the economy.
c. the government should own all transportation and communication facilities.
d. an increase in the money supply would benefit debtors.
Question 2
Quantitative analysis of relevant data show that economic problems for farmers in the last half of the 19th century included:
a. falling prices of farm products relative to other prices.
b. rising real interest rates.
c. rising prices for consumer goods.
d. rising prices for farm equipment.
e. All of the above
A reindeer sled, Arkhangelsk, Russia. Late nineteenth-century photochrom.
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Approximately 40 percent of farmers in the United States are 55 years old or older