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- 1. Multiple Choice
What explanation below explains why Greenbacks began to drop in value after the Civil War?
Greenbacks could only be exchanged for gold.
The railroad millionaires had placed all Greenbacks in powerful banks.
Greenbacks could not be exchanged for gold.
Greenbacks continued to be printed following the Civil War.
- 2. Multiple Choice
Who organized the Grange?
Oliver Hudson Kelley
William McKinley
William Jennings Bryan
Mary Elizabeth Lease
- 3. Multiple Choice
Who won the election of 1896?
Teddy Roosevelt
William McKinley
William Jennings Bryan
Grover Cleveland
- 4. Multiple Choice
What political party turned the American two-party system into a three-party system for the eleciton of 1896?
Republican Party
Democratic Party
Populist Party
Whig Party
- 5. Multiple Choice
What political party supported the gold standard?
Republican Party
Democratic Party
Populist Party
Whig Party
- 6. Multiple Choice
All of the following are true of Gold Bugs except
they were traditionally bankers and businessmen
they wanted inflation
they wanted dollars backed by gold in government vaults
they wanted less money in circulation
- 7. Multiple Choice
Who said the following as part of an 1896 presidential campaign speech: “You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold.”
Teddy Roosevelt
William McKinley
William Jennings Bryan
Grover Cleveland
- 8. Multiple Choice
Following the Gold Standard resulted in ________money in circulation, and thus_______the prices for farm goods.
less, lowering
more, raising
foreign, higher
- 9. Multiple Choice
What is the practice of a government using gold AND silver to back money?
Gold Standard
Greenbacks
Bimetallic Standard
S.H.I.E.L.D.
- 10. Multiple Choice
What explanation below explains why railroad companies were able to charge high prices to farmers to ship their crops in the late 1800s?
There was a great deal of competition between various railroad companies
The railroads foreclosed on many farms and took the farmers’ properties
The railroad companies had essentially no competition.
They were able to charge high prices because the railroad companies owned the Grange.
- 11. Multiple Choice
Situation that occurs when the number of dollars in circulation decreases while the amount of goods and services does not decrease or may even increase, as in farm production during the late 1800s.
Deflation
Inflation
Conflation
Conflagration
- 12. Multiple ChoiceMembers of which group most likely to belong to Populist Party?AnarchistsFarmersIndustrialistsImmigrants
- 13. Multiple Choice
The Populist Party wanted all of the following except:
abolition of the income tax
unlimited coinage of silver
regulation of railroads
a graduated income tax
- 14. Multiple Choice
Economic unrest and the repeal of the Sherman Silver Purchase Act led to the rise of the pro-silver leader
Tom Watson
William Jennings Bryan
William Mckinley
Adlai Stevenson
- 15. Multiple Choice
Farmers were overextended with debts, and loans,
Railroad construction had expanded faster than the markets.
Philadelphia and Reading Railroad went bankrupt
Government gold reserves worn thin
Stock market crashed
All of the above were causes of the
Panic of 1893
Great Depression of 1893
Panic of 1896
Panic of 1894
- 16. Multiple Choice
Literacy tests, poll taxes and grandfather clauses
were Jim Crow laws
were practiced throughout the U.S.
ended with Andrew Johnson's presidency
were created to fight against Southern Democrats
- 17. Multiple ChoiceWhich organization combined with the The Grange to create the Populist Party?The Farming SocietyAmerican Association of AgricultureFarmer's Alliance
- 18. Multiple ChoiceThis speech was about monetary policy and was given by William Jennings Bryan during his campaign for president in 1896Gettysburg AddressCross of Gold SpeechEmancipation ProclamationFollow the Yellow Brick Road Declaration
- 19. Multiple ChoiceSilver and gold caused________money in circulation, causing prices to________.less, increasemore, increase
- 20. Multiple ChoiceGold caused ________money in circulation thus_______the prices.less, loweringmore, raising
- 21. Multiple ChoiceFarmers support the ________standard for money.BimetalismGold
- 22. Multiple ChoiceThe wealthy capitalist who owned the companies supported the________standard for money.goldbimetalism
- 23. Multiple Choice
Which group of people were known as the Silverites?
farmers and bankers
bankers and laborers
farmers and laborers
bankers and businessmen
- 24. Multiple ChoiceWhich groups of people were known as the Gold Bugs?bankers and farmersfarmers and laborersbankers and businessmenbusinessmen and farmers
- 25. Multiple ChoiceWhich caused the rise of Populism?rising agricultural pricesThe use of silver instead of greenbacksCalls for racial segregationThe inability of farmers to pay off their debts
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