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3 years ago

What was the main goal of the Farmers’ Alliance?

Business

2 answers:

KIM [24]3 years ago

4 0

The main goal of the Farmers’ Alliance is planting cheaper land and supplies

<h3>Further explanation </h3>

The Farmers' Alliance was an economic movement started by American farmers in 1875. The organization was made up of White farmers' groups from the North, South, and West. Farmers' Alliance sought to improve the economic conditions for farmers through the creation of cooperatives and political advocacy. Farmers set up cooperatively owned retail stores and marketing organizations. The idea is to give producers more influence in buying their supplies and marketing their products.

The Farmers Alliance was formed to try to help farmers to become profitable again after the Civil War. The Farmers' Alliance was first organized in Texas in the mid-1870s and soon spread to other states and territories in the South and Midwest

One of the main goals of the Farmers' Alliance included: to end the crop-lien system, which was bankrupting many farmers and to help each farmer to produce profitable supplies.

The Grange, the farmers' alliances tried to help farmers by providing educational and social events. Farmers would attend classes to learn about new farming techniques.

<h3>Learn more</h3>

Learn more about Farmers' Alliance brainly.com/question/1599666

<h3>Answer details</h3>

Grade: 9

Subject: business

Chapter: Farmers' Alliance

Keywords: Farmers' Alliance

Nikolay [14]3 years ago

3 0

<u>Option (b) is correct. The main aim of the farmer alliance is to plant cheaper land and supplies. </u>

Further Explanation:

Main goals of farmer alliance:

Farmer Alliance is a movement that was started in 1870. The main aim of the farmer alliance was to create a cooperative entity in favor of the farmers. During the 1870s, the high storage cost, the high-interest rate on agriculture loans, high transportation cost lead to the adverse situation for the farmers and farmers were not able to make the profit. Therefore, the main aim of the farmer alliance is to strengthen the financial condition of the farmers and provide the required facilities to earn the profit.

In the current case, the main goal of the farmer alliance should be planting cheaper land and supplies to earn more profit.

Justification for the correct and incorrect options:

Higher quality: This is an incorrect option.

The main goal of the farmer alliance is fair compensation for the supply of quality products.

Planting cheaper land and supplies: This is the correct option.

Planting cheaper land and supplies would help farmers to earn the profit.

Low-income taxes: This is an incorrect option.

It was not the main aim of the farmer alliance.

Regulated railroad tax: This is the incorrect option.

Farmer alliance does not deal with the railroad tax.

Learn more:

1. Learn more about the gross national product

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2. Learn more about the trade-off

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3. Learn more about the component of the federal reserve bank.

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Answer details:

Grade: Senior School

Subject: Business Studies

Chapter: Economic Reforms

Keywords: What, was the main goal of the Farmers’ Alliance, 8-hour workday higher quality, planting cheaper, land and supplies, workday taxes, regulated, railroad rates.

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garik1379 [7]

Answer:

C) $10,000, $1,000, and $9,000, respectively.

actual reserves increase by $10,000
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bank's reserve ratio is 10% = $10,000 x 10% = $1,000

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