True or False: The Populist Party strongly supported the gold standard and was supported by most farmers.

False, the populist party did not support the gold standard because they favored inflation and the gold standard would stop inflation.

Answered by rsbob18 | 2024-06-10

The statement is False; the Populist Party did not support the gold standard but instead favored the unlimited coinage of silver to alleviate the financial struggles of farmers. They believed that inflation would help them manage their debts better. This stance aligned with the needs of most farmers, making the Populist Party a key representative of their interests.
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Answered by rsbob18 | 2024-12-23