Question

Explain the free silver policy supported by the People's (Populist) Party, as well as two other goals of the movement. How did the populist movement impact the election of 1896?

Answer 1

Answer:

Free silver was a significant financial strategy issue in late-nineteenth century America.

Its promoters were supportive of an expansionary financial arrangement including the boundless coinage of silver into cash on request, instead of severe adherence to the more painstakingly fixed cash supply verifiable in the best quality level.

Bryan needed the United States to utilize silver to back the dollar at a worth that would blow up the costs ranchers got for their yields, facilitating their obligation trouble. This position was known as the Free Silver Movement.