Asked by myrthell samedy on Jul 21, 2024
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The Greenback-Labor Party enjoyed significant but short-lived success during elections. Which of the following statements accurately describes this party's platform?
A) It promoted the creation and development of banks and private financial institutions.
B) Its members lobbied for big commercial enterprises.
C) Its members believed the federal government should keep taking money out of circulation.
D) It proposed that the federal government should control the money supply.
E) Its members, first and foremost, wanted to create an international party for workers.
Greenback-Labor Party
A political party in the United States during the late 19th century that advocated for the use of paper money not backed by gold to help farmers and laborers.
Money Supply
The total amount of money available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.
Government Control
The extent to which a government has authoritative influence or regulation over the activities within its jurisdiction.
- Scrutinize the involvement and outcomes of various labor unions and political parties in advocating for workers' rights and reforms during the Gilded Age.
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Learning Objectives
- Scrutinize the involvement and outcomes of various labor unions and political parties in advocating for workers' rights and reforms during the Gilded Age.
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