Answers MO-US History II AFarmers on a Closing Frontier

The Populist Party Answers

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Which event in the history of the Populist movement happened first?

the Populist—or People’s—Party was formed

Bryan spoke at the Democratic convention

Weaver lost his bid for the presidency

the Omaha Platform was presented

In the late 1800s, why did industrialists support the gold standard?

The gold standard kept the price of gold flexible, which made the value of currency go up and down.

The gold standard kept the price of gold fixed, which kept both prices and wages down.

The gold standard kept the price of gold fixed, which caused wages to steadily increase.

The gold standard kept the price of gold flexible, which also made the price of silver flexible.

The People’s Party supported fighting deflation by circulating

more paper currency.

more silver coins.

fewer silver coins.

fewer gold coins.

Following the 1896 presidential election, the two major political parties

both approached William Jennings Bryan to join them.

adopted much of the People’s Party’s platform.

rejected the notion of both free silver and bimetallism.

denounced much of the Populist Party’s platform.

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