Question

To remedy problems American farmers faced in the last quarter of the 19th century, the Populist Party advocated a policy of ________________.

• A. increasing the amount of currency in circulation.
• B. raising interest rates on bank loans.
• C. raising tariffs to keep foreign agricultural products out of the United States.
• D. helping farmers resettle in urban areas.
• E. curbing inflation.

Answer 1

The correct option is A increasing the amount of currency in circulation.

To remedy problems American farmers faced in the last quarter of the 19th century, the Populist Party advocated a policy of increasing the amount of currency in circulation. The point of this policy was to give people a more accessible and stable currency. As it stood, gold was rare and expensive, making the debts of people like farmers (the main base of the populist party) hard to pay back.