Which statement explains why maintaining the gold standard had a negative impact on American farmers in the late 19th century? (5 points)
Question 3 options:
1) It made purchasing government-owned land increasingly expensive.
2) It decreased the amount of money that banks could loan to farmers.
3) It restricted the size of the money supply, which kept crop prices from rising.
4) It slowed economic growth, which reduced manufacturers' demands for cotton.

Question

Which statement explains why maintaining the gold standard had a negative impact on American farmers in the late 19th century? (5 points)
Question 3 options:
	1)	It made purchasing government-owned land increasingly expensive.
	2)	It decreased the amount of money that banks could loan to farmers.
	3)	It restricted the size of the money supply, which kept crop prices from rising.
	4)	It slowed economic growth, which reduced manufacturers' demands for cotton.