Question

During the late 1800s, farmers supported free and unlimited coinage of silver mainly because they believed that it would lead to?:

A. the establishment of government farm price supports.
B. higher prices for farm products.
C. the lowering of rates charged by railroads.
D. lower prices for consumer goods.

Answer 1

The correct answer is letter B. higher prices for farm products. During the late 1800s, farmers supported free and unlimited coinage of silver mainly because they believed that it would lead to increase crop prices and make it easier to repay loans.