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Progressivism. US History 13.4. Define the Following Vocab. Populism Greenbacks Cooperatives Farmers Alliance People’s Party Graduated Income Tax William Jennings Bryan William McKinley. Reform Movements. Henry George: Why does poverty exist in an Industrialized nation
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Progressivism US History 13.4
Define the Following Vocab • Populism • Greenbacks • Cooperatives • Farmers Alliance • People’s Party • Graduated Income Tax • William Jennings Bryan • William McKinley
Reform Movements • Henry George: Why does poverty exist in an Industrialized nation • Lester Frank Ward: Reform Darwinism • Competition is wasteful and time consuming
Helping the Urban Poor • Social Gospel: Applied Christianity • The Salvation army and YMCA • Settlement House Movement • Community Centers which aided poor immigrants • Jane Adams: Hull House in Chicago • Americanization.
Populism • Movement to increase the political power of famers and write laws that helped their interests • After Civil War farmers are having a hard time earning a living
Economic Woes after the Civil War • Greenbacks lead to inflation • Could not be exchanged for gold • US responds by cutting amount of currency leads to deflation • Stops making silver coin and greenbacks and pays off bonds • High interest rates under inflation • Farmers are some of the largest debtors
The Grange • Oliver H Kelly, Department of Agriculture • Patrons of Husbandry: 1st farmers organization • Cooperatives: increase price decrease costs • Similar to a Trust • Doesn’t really work
Farmers Alliance • Large cooperatives called exchanges • Small success but ultimately failed as well
Populism • New Political Party known as People’s Party • Southerners fear this party will decrease the power of Democrats • Sub treasury • James B Weaver 1st candidate for pres • Graduated Income Tax
Election of 1896 • William Jennings Bryan vsWilliam McKinley • Silver Crusade • Populists and Democrats support Bryan • McKinley's front Porch Campaign • McKinley Wins • Populist Party declines