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How did the policies of the federal government create problems for small businesses?
they favored big buisness
Why farmers were opposed to the gold standard?
Farmers opposed the gold standard because it limited the money supply and often led to deflation, which reduced the prices they received for their crops. With a fixed amount of gold backing the currency, there was less money available for loans, making it harder for farmers to finance their operations and repay debts. This monetary policy favored creditors and wealthier classes, exacerbating the economic struggles of farmers, particularly during periods of economic downturn. They advocated for the inclusion of silver to increase the money supply and promote inflation, which would benefit their financial situation.
Why did farmers suppor free filver?
Farmers supported free silver because they believed it would increase the money supply, leading to inflation that would raise crop prices. This would help them pay off debts more easily and improve their financial situation amid economic struggles. Additionally, the free silver movement aimed to counteract the deflationary effects of the gold standard, which they felt disproportionately favored banks and creditors over agricultural producers.
Why did farmers favored inflation?
there was a decrease in the buying power of the dollar, brought about by too much money in circulation
Did the founding fathers favor capitalism?
The Founding Fathers favored "capitalism" in that they disliked and fought against the British Empire enforcing strict taxation of and control over American products and trade. At the time of the Revolution, of course, there was not the prevalence of huge corporations, global financial institutions and large scale investment. However, the Founding Fathers, favored merchants, farmers and anyone else who worked for their own profit.
Did federalists believe that farmers would be great leaders in the government?
No they didnt. The they favored business men and merchants. The democrats favored the farmers.
Who favored small business and farmers supported state's powerand oppossed a national bank?
Thomas Jefferson was a strong advocate for small businesses and farmers, supporting states' rights and opposing a national bank. He believed in a decentralized government and an economy that prioritized agriculture over industrialization.
What group of Americans favored president Coolidge's policy's?
Big businesses.
Who Favored free coinage of silver?
The southerners and the westerners primarily favored the free coinage system.
What two groups favored passage of the Sherman Silver Purchase Act?
miners and farmers
How did the policies of the federal government create problems for small businesses?
they favored big buisness
How did the policies of the federal government created problems for small businesses?
they favored big buisness
Why did the populist not support the gold standard act?
The members of the Populist Party, largely rural farmers and ranchers, tended to also be debtors. They therefore favored inflation, since they could pay back a "cheaper" dollar than the one that had been loaned to them. Since the Gold Standard Act would stabilize the US dollar and prevent the inflation they desired, the Populists were firmly against it.
Did the populist not support the gold standard act?
The members of the Populist Party, largely rural farmers and ranchers, tended to also be debtors. They therefore favored inflation, since they could pay back a "cheaper" dollar than the one that had been loaned to them. Since the Gold Standard Act would stabilize the US dollar and prevent the inflation they desired, the Populists were firmly against it.
Why did farmers favored inflation?
there was a decrease in the buying power of the dollar, brought about by too much money in circulation
Was Daniel shay a Federalist?
No, Daniel Shays was not a Federalist; he was a leader of Shays' Rebellion, which occurred in 1786-1787. The rebellion was a protest against economic injustices and the lack of government response to the grievances of rural farmers in Massachusetts. Shays and his followers opposed the policies of the state government, which they felt favored creditors and wealthy elites, contrasting with the Federalist support for a stronger centralized government.
How did the Interstate Commerce of Act of 1887 help farmers?
It prevented railroads from charging farmers more than other customers-Apex
