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by stimulating the stagnant economy
It would increse the money supply.
Bimetallism is the use of both silver and gold as the basis of an economy as opposed to the use of one or the other or none. This would help the farmers and the farmers highly supported it because more money would be in circulation. Therefore the prices would rise, value of money decreases so more people would have money. A high percentage of the farmers were in debt. By increasing the amount of money, the overall value of money would go down, and the farmers would have an easier time paying off their debts.
The depression & drought hit farmers on the Great Plains Your Welcome ;D
Farmers on the plains struggled to make a living when they had to rely on weather conditions to see them through. They had to deal with drought, locusts and grass fires which threatened their crops.
It would put more money in circulation.
It would put more money in circulation.
because they were worth 2-4 million, which was enought for the farmers to buy.
The political goal of farmers was lower prices for grain storage.
Bimetallism
The Farmers Supported Bietallism
Farmers supported bimetallism simply because more money would be in circulation. Therefore, the prices would rise, value of money would decrease, so more people would have money. In the 1800's, farmers had a rough time with debt, therefore more money would mean the value would decrease.
Bimetallism and fair food prices
Bimetallism and fair food prices
by stimulating the stagnant economy
The nickname for plains farmers is okies.
Fair prices for shipping(Apex)