2
lesson pretestMultiple Choice

Pretest

Question 2 • United States History

The People’s Party supported fighting deflation by circulating

Answer
A
more silver coins.
B
fewer gold coins.
C
fewer silver coins.
D
more paper currency.

Explanation

The People’s Party, also called the Populists, opposed deflation because it made debts harder to repay. They supported free and unlimited coinage of silver, which would increase the money supply and raise prices. Therefore, they favored circulating more silver coins.

AI-written and checked against the verified answer.

Previous
Next