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Farmers of the West and South were a mainstay of support for the Populist Party. Populists and farmers opposed the gold standard and favored the printing of more "greenbacks" backed by silver, not gold. They believed this would open up more affordable credit to the urban areas. The farmers and Populists believed in government regulation of railroads and banks. This would aid the farmer in dealing with rates for shipping his goods to market. They also favored collective economic action against farm products brokers, railroads, and merchants.
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∙ 14y ago
Wiki User
∙ 12y agoThey were in an economic crisis. New technology enabled farmers to produce more crops, but the greater supply had caused prices to fall. High tariffs also made it hard for farmers to sell their goods overseas. Farmers also felt they were victimized by large and faraway entities:the banks from which they obtained loans and railroads that set their shipping rates.
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∙ 15y agoPopulist farmers faced overproduction so prices decreased.
Wiki User
∙ 13y agoproblems faced by peasant farmers in the Caribbean,of the problem transportation,road,storage problem,soil erosion and flooding.
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