What Factors Account for the Farmers Movements in the Late 19th Century America? Support Your Answer with Examples from One Farmer's Movement That You Have Studied.

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The late nineteenth century, and to a lesser extent, the early twentieth century were times of major farm protest movements in the United States. The causes of this unrest have been a puzzle for a long time. Several Economic Historians have suggested that economic instability in American agriculture was the primary cause of agrarian discontent in the late nineteenth century. For example, on separate occasions Robert Higgs and William Parker asserted that the levels at which agricultural production fluctuated was a major factor in fomenting agrarian unrest. Higgs emphasized on the exploitation of farmers by mortgagers, freight owners and monopolists as the major cause of farm protests and the subsequent formation of agrarian parties1. However, other scholars like Robert McGuire have subjected the complaints of farmers to statistical testing, founding each claim inconsistent to some extent with the available evidence about the terms of trade 2. This paper will assess the actual causes of agrarian unrest and the formation of agrarian parties, paying particular attention to the Populist Party. John D. Hicks has summarized the complaints of the farmers. First, farmers claimed that farm prices were falling and, as a consequence, so were their incomes. They generally blamed low prices on over- production. Second, farmers alleged that monopolistic railroads and grain elevators charged unfair prices for their services. 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. A falling price level increased the burden of debt, as farmers were forced to repay much more than they actually had to3. According to James A. Stewart “farmers demanded ceilings on

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