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Question 17
Which statement Best explains why the Populists believed bimetallism would help
farmers and workers?
1 pts
Farmers, like the Populists, had large investments in silver mines.
O Populists and Democrats, who were enemies of the farmers, in fact were opposed to bimetallism.
By putting more money into circulation, people would be able to repay existing debts.
By putting more money into circulation, bankers and investors would regain their confidence and
be less eager to foreclose on the farmers' defaulted loans
Question 18
1 pts

Respuesta :

GinnyAnswer
The Populists believed bimetallism would help farmers and workers because:

1. By putting more money into circulation, people would be able to repay existing debts. This would reduce the burden on farmers and workers who were struggling to pay off loans and debts.

2. By increasing the money supply through bimetallism, it would make borrowing easier and more affordable for farmers and workers. This would help them invest in their farms or businesses, leading to economic growth and stability for the agricultural and labor sectors.

Overall, the Populists saw bimetallism as a way to alleviate the financial hardships faced by farmers and workers, improve access to credit, and stimulate economic activity in their communities.

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