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Why Did Free Silver Become the Key Issue of the Farmers

question 41

Essay

Why did free silver become the key issue of the farmers' revolt? What other issues were important to them? Explain why Populism came down to a single-issue movement by 1896 and how this fixation may have harmed their cause.


Definitions:

Close-Substitute Product

A product or service that can easily replace another in satisfying consumer needs.

Demand Curve

A visual chart that illustrates the connection between a product or service's price and the amount consumers want to buy over a specific time frame.

Price

Price is the amount of money expected, required, or given in payment for something.

Demand

The quantity of a good or service that consumers are willing and able to purchase at a given price point, over a specific time period.

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