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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.
Wiki User
∙ 9y ago
Wiki User
∙ 14y agoSupporters of bimetallism hoped that this measure would stimulate the stagnant economy. Retaining the gold standard would provide a more stable, but expensive, currency.
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What group supported bimetallism?
The Farmers Supported Bietallism
What policies did both farmers and Populists support?
Bimetallism and fair food prices
Which group was likely to have received land under the homestead act?
plains farmers
Who was likely to receive land provided by the Homestead Act.?
plains farmers~apex
What were farmers in favor of?
they were in favor of the secret thing i am not going to tell you
Why did the plains farmers In the 1800s support bimetallism?
It would put more money in circulation.
Why did plains farmers in the late 1800s to support bimetallism?
It would put more money in circulation.
Why did Plains farmers in late 1800's support bimetallism?
because they were worth 2-4 million, which was enought for the farmers to buy.
Political goal for farmers?
The political goal of farmers was lower prices for grain storage.
What were some of the political goals for farmers?
Bimetallism
What group supported bimetallism?
The Farmers Supported Bietallism
What policies did both farmers and Populists support?
Bimetallism and fair food prices
What policies did both farmers populists support?
Bimetallism and fair food prices
How would bimetallism help the economy according to farmers or supporters?
by stimulating the stagnant economy
What was the nickname of the plains farmers?
The nickname for plains farmers is okies.
Which of these was a political goal for farmers?
Fair prices for shipping(Apex)
How would bimetallism benifit farmrrs?
Bimetallism could benefit farmers by stabilizing the value of their crops and reducing the risk of price fluctuations. With a system that recognizes both gold and silver as legal tender, farmers may have a more secure and predictable environment for their transactions and investments.
