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Vanyuwa [196]
3 years ago
5

Why was government policy regarding the money supply such a vital issue for farmers in the late 19th century?

Social Studies
1 answer:
Marysya12 [62]3 years ago
5 0

Answer: Government regulation was the farmers' solution to the problem of monopoly. Third, there was a perceived shortage of credit and money. Farmers believed that interest rates were too high because of monopolistic lenders, and the money supply was inadequate, producing deflation.

Explanation:

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