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The party started by workers and small farmers in the 1890s in response to the power of big business was the Populist Party, also known as the People's Party. Formed in 1892, it aimed to represent the interests of agrarian workers and sought reforms such as the regulation of railroads, the establishment of a graduated income tax, and the direct election of senators. The Populist Party emerged as a response to economic hardships and inequalities faced by these groups during the Gilded Age.

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