U.S. History - The Nation's Growth in the 1900's
While trying to improve our nation's economy, businesses have not ameliorated because of one important backbone of our country, the farmers. Farmers face problems with farming due to droughts, prairie fires, high temperatures, grasshoppers, and locust storms. At this time, the value of the crops decreased due to an overproduction of goods. The farmers have tried to max production rates, but there were too many amounts of the same crop causing the value of the crop to go down. Since the value of the crop decreased, the demand for the crops will go down. For example, the cost of the wheat fell from $0.91 (1883) to $0.69 (1886). Farmers became poor because it is harder for the farmers to sell their crops (lower demand on crops) Also, transporting their crops to the market also costs money. The farmers tried to transport their crops by railroads, but the railroad owners tried pooling, which they charge more for short hauls than long hauls. A group of railroad companies would get together, increase the freight rates, and make railroad transportation more
It limited the railroad regulations within the state borders. The populists are usually the spoiler. Instead, the farmer has to pay more money to equivocate with the value it is worth today. During the Populist movement, the populist party are for the people. It brings out an apathetic society, no goals, no efforts, no rewards, no one makes more money than anyone else, no competition, everyone is the same. After a couple years, a deflation occurs and the value of the money increases. They redistribute the wealth and bring attention to issues. The government takes care of the society by providing the businesses, payments, and the worker's wages. In 1878, a large portion of silver was available. The farmers wanted cheap money (the value of the money to decrease) by asking the government to print out more greenbacks. Article 4 In 1860, from the two party system, democrat and republican, there is a third party system called the minor political party. 10% of the population gets 90% of the wealth. In a third party system, there are democrats, republicans, and populists. Some of the farmers ended up bankrupt.
Common topics in this essay:
Nation's Growth,
Interstate Commerce,
Allison Act,
Maxium Socialism,
Free Enterprise,
Gold Standard,
Commission ICC,
Henry George,
interstate commerce,
party system,
hauls railroad companies,
short hauls hauls,
hauls hauls railroad,
third party system,
value crop,
lower class,
creates competition,
class system,
$100 plus,
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short hauls,
population 10% wealth,
demand crops,
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