Exam (elaborations)
Hius 222 Exam 2 With Complete Solutions Latest Update
- Course
- HIUS 222
- Institution
- Liberty University
Hius 222 Exam 2 With Complete Solutions Latest Update
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Solution 2024/2025Pepper
Hius 222 Exam 2 With Complete Solutions
Latest Update 2024-2025
Move towards government action ANS✔✔ 1. Deflation in the farming sector
of the economy in the late 19th century
2. The creation of the Populist Party in 1892
3. Panic of 1893
Populist Party ANS✔✔ - mid western and southern agrarian party
- angry about the plight of the farmer and worker in the new industrial order
- called for government action to aid farmers
Populist Program ANS✔✔ 1. Direct election of senators
2. Plan which farmers could store commodities in gov. warehouses, receive
low interest loans using crops as collateral, and selling stored commodes
when market prices rose.
3. Inflationary monetary policy- the free and unlimited coinage of silver
(populist remedy for depression)
4. Rise of Progressivism
, Solution 2024/2025
Pepper
Panic of 1893 ANS✔✔ - worst economic depression in American history up to
that time
-200 railroads failed, 15,000 commercial institutions including 600 banks
failed
-industrial unemployment ranged 20-25%
- 1/5 factory workers had no money to feed their families
- farm prices dropped more than 20% 1893-1896
William Jennings Bryan ANS✔✔ - Congressman from Nebraska
- Evangelical Christian, "Cross of Gold" speech
- 36 youngest presidential candidate
- liberal champion of "the common man"
- represented "silverite" takeover of Democratic party
- lost in 1896 to republican William McKinley
Trickle up Economics ANS✔✔ make the masses prosperous, and prosperity
will find its way up through every class
Wizard of Oz ANS✔✔ written by Frank Baum (an avid supporter of Bryan in
the "battle of standards") as an allegory of silver movement; characters are
all symbolic and the plot is symbolic of silver forces taking common people
to land of riches and wealth once Eastern, gold-supporters are crushed;
, Solution 2024/2025
Pepper
reflects American values of freedom, independence, love of family, self-
reliance, individualism, and sympathy of underdog
Progressivism ANS✔✔ - Reform movement that last from 1901 to 1917
Characteristics
1. Grounded in middle class alienation against extreme poverty and wealth
2. possessed optimism that responsible citizens could accelerate and
improve peoples lives
3. Ushered in muckraking, which set off a revolution in periodical press
4. promoted correction of such dislocations
- excessive concentration of economic power in monopolies
- wasteful consumption of natural resources
-corrupt party machines
-child labor
leisure class ANS✔✔ 1. glorified the power of individual will and attributed
the hardships of the poor to individual short comings
2. departed from tradition and sent their sons out of the home at an early
age (sent them to boarding schools)
3. Unusually willing to break up the home
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