Populist Party

Populist Party - I. The Populist Revolt 1. Farmer's...

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I. The Populist Revolt 1. Farmer’s Problems in an Industrial Economy 2. The Agrarian Responses a. Rise of the Cooperative Movement b. Forming the Populist Party 3. The Deteriorating Economic Climate 4. The Silver Issue 5. The Election of 1896 The Grange Populist Party Subtreasury Plan Problems for Farmers— New machine allowing people to farm a lot more lands, which led to credit problems Need more land and equipment, which meant large debts Relying more and more on credit Higher interest rates because farmers viewed as higher risk customers Second problem is prices because they are falling. Supply is increasing which leads to decrease in pricing Farmers are price takers, not price makers. Prices are created by commodity markets Created by traders who see what supply/demand is like. Third problem is the railroads. Railroads would set a rate on how much it cost to ship. Responses to Problems—
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This note was uploaded on 04/16/2008 for the course HIST 17b taught by Professor Ettinger during the Fall '07 term at CSU Sacramento.

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Populist Party - I. The Populist Revolt 1. Farmer's...

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