14-3 Flashcards
This was a movement to increase farmers’ political power. The idea behind this was to work for regulation.
Populism
What happens when there is a greater supply of goods?
Prices were lowered.
What caused hard times for farmers?
high tariffs and railroad rates
These were pieces of paper money that couldn’t be exchanged for gold.
greenbacks
What happens if money is not backed up by gold or silver?
inflation and driven up prices
What happens in a deflation?
value of money raises and prices drop.
This person organized the Grange.
Oliver H. Kelley
What did the Grange do?
push for RR regulation and regulation of warehouse rates
These are members working together to increase prices and lower costs. These were created by The Grange.
cooperatives
What all did the Omaha Platform call for? (6)
- unlimited coinage of silver
- government ownership of railroads
- graduated income tax
- 8 hr. workday
- immigration restriction
- direct election of senators
Who ran as the Democrat/Populist Party candidate in 1886?
William Jennings Bryan
What did William McKinley, the Republican nominee, argue about silver?
He argued that unlimited silver would ruin America, which earned him the Republican support.
Who won the election of 1886?
William McKinley
