B the independent and individualistic character of

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b. The independent and individualistic character of farmers and the absence of a compelling national farm leader to organize farmers politically and economically contributed to the failure of American farmers to comprehend the key role of overproduction in depressing prices for their produced goods and led American farmers, during this era, to reject consolidation, regimentation, and economic integration as possible solutions to their economic plight.
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c. Correct answer. Farmers believed that a deflated currency was principally responsible for their economic problems because the continually falling prices for their goods meant that it was more expensive for them to pay back the loans due to their various creditors, including the banks that held their mortgages, unless the money supply was substantially increased. The desire to inflate the currency in order to ease their crushing debt burdens was the principal reason why farmers advocated the free coinage of silver during this era. d. Farmers desired an inflated currency in order to reduce the financial burden of the short- and long-term debts they owed to their various creditors. e. Farmers welcomed political proposals for state government regulation to curb excessive freight rates and the storage fees charged by railroads and the operators of warehouses and grain elevators. Farmers also believed that the federal government should increase the money supply by permitting the free coinage of silver. Farmers believed that government regulation and intervention in the economy was necessary to curb the exploitative practices of the money trust, banks, and monopolistic industries, such as the railroads, telephone, and telegraph. Question 11 a. The People’s Party (Populists) advocated nationalizing the railroads, telephone, and telegraph industries to win the political support of farmers, burdened by substantial rail transportation costs for their agricultural goods and frustrated by the lack of universal access and high use charges of the monopolistic telephone and telegraph industries. b. The People’s Party (Populists) supported the passage of a federal law prohibiting the use of court injunctions to stop labor strikes in an effort to try to win the support of urban organized labor. c. The People’s Party (Populists) supported the free coinage of silver to inflate the currency to ease their crushing debt burdens. d. Correct answer. The People’s Party (Populists) opposed high tariff rates because they allowed protected domestic manufacturers to charge farmers higher prices for goods, such as equipment, which farmers needed to purchase to grow and cultivate their crops. e. The People’s Party supported instituting a graduated income tax to reduce the proportional tax burden on farmers and urban workers. Question 12 a. Correct answer. Labor unions, Populists, and other debtors believed that the ordering of federal troops by President Cleveland to crush the Pullman railway strike, the obtaining of a federal court injunction by the Pullman Palace Car Company to break the strike of the American Railway Union, and
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