Question

The populist party strongly supported the gold standard and was supported by most farmers
True Or False


The 1893 economic depression was triggered by the failure of one of the country's leading railroad companies.
True or False

The populist party strongly supported the gold standard and was supported by most farmers
True Or False


The 1893 economic depression was triggered by the failure of one of the country's leading railroad companies.
True or False

@History

Answer 1

1. False.
Reason: The Populist sought the following:

1. Elimination of the gold standard. Populists supported the Silver Standards which would have made money cheaper and more available. This would have created inflationary pressure and raised prices. If a silver standard would not be accepted they would have settled for bimetallism.

2. Passage of an income tax.

3. The end of life tenure of Federal Judges.

4. The end of the printing of paper currency by nationally chartered private banks.

Source: http://www.socialstudieshelp.com/Lesson_51_Notes.htm

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2. I'm not sure, but I think it's sort of true. The cause is not mainly because of the over-building of railroads, I think.

Hope it helped.