Why are supply and demand important in a capitalist economy?
1 answer:
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The true statements regarding the Colored Farmers' National Alliance are,
- It was formed because the white Farmers' Alliances wouldn't let Black farmers join;
- It was successful in gaining significant political power for its membership;
- It was an important organization for recently freed people.
The formation of Colored Farmers' National Alliance happened in the year 1886, which was situated in the Texas, a southern state of the United States of America.
The complete question has been attached in the image below. Students are advised to refer to the same for better understanding of the concept.
Hence, options A, B and D hold true regarding the Colored Farmers' National Alliance.
Learn more about the Colored Farmers' National Alliance here:
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