Which one of the following did the Populists support? a. the Turner thesis b. a progressive income tax c. staying on the gold standard d. private ownership of communications and transportation systems

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5 August, 06:51

Which one of the following did the Populists support? a. the Turner thesis b. a progressive income tax c. staying on the gold standard d. private ownership of communications and transportation systems

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Kaeden Holmes · Answer 1

The correct answer is:

b. a progressive income tax.

Explanation:

The Populists movement, was composed mostly by farmers and workers that opposed the Gold Standard because they were experiencing huge debts due to inflation, and because gold was hard to afford. Services and products started to become really expensive for farmers because their income was decreasing and inflation was rising. The Populists wanted a progressive income tax, so that taxes would be rated according to the income. Citizens with more income would pay more taxes than those with less income.