The People’s Party supported fighting deflation by circulating

History

2 answers:

Andrews [41]3 years ago

6 0

The People’s Party supported fighting deflation by circulating:

B) More silver coins

Leona [35]3 years ago

5 0

Answer

More silver coins.

Explanation

The People’s Party was organized for the purposes of representing the common folk especially farmers against the entrenched interests of railroads, bankers, processes, corporations, and the politicians in league with such interests. The People’s Party supported fighting deflation by circulating More silver coins. Deflation is a fall in general prices It normally happens either when the growth of the economy outpaces the growth of the money supply;or the drop in the money supply outpaces the contraction of the economy.

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