The Grange and Populist Movement

The Grange   latter part of the 19th century Granger Movement, agrarian movement  in the United States, initiated shortly after  the American Civil War with the aim of  improving the social, economic, and political  status of farmers.
Why?  1.
unrest among farmers

Causes?

1.  declining prices of farm products

2.  the growing indebtedness of  farmers to merchants and banks

3.  discriminatory freight rates imposed
on farmers
by the railroads

co-ops   farmers fight back by organizing co-ops

     1.  a business operated for the benefit of its
                                    members.
 
 
Oliver Hudson Kelley, principal founder and first Secretary of the National Grange


 

                        Supply and Demand     Model
 

greenbacks paper money not backed up by gold or silver

    What would be the result of withdrawing
the greenbacks? p 410
 
 

Free Silver Movement  these people wanted the
                                              government to use silver in coins
                            so the price of silver goes up.
 
 

    Why did farmers support free coinage of silver?


    Populist party platform

 List the 8 points on the Populist platform. p411
 
 
Black Friday  stock market crash Sept 24 1869

Black Friday, name applied to a short-lived financial crisis in the United States that occurred on Friday, September 24, 1869. The panic was precipitated when two financial speculators, James Fisk and Jay Gould, attempted to corner the U.S. gold market. On September 20 they began purchasing gold in New York City; by September 24 they controlled enough of the available supply in the city to bid up the price from about 140 to 163½. This rapid increase in the price of gold threw the stock exchange into confusion, and the prices of commodities fluctuated wildly. The inflationary run on gold was halted toward the close of the business day when U.S. Secretary of the Treasury George Sewall Boutwell announced that the federal government had made $4 million of its gold reserves available for trading. Fisk and Gould probably made a profit of about $11 million by their manipulations, but many business people claimed to have been ruined by the panic.


In what ways does Black Friday reflect the Gilded Age?


 

Photo Credits:

Black Friday : www.shearman.com/ enterprise/gold_full.gif

Lesson Objectives

Students will learn

OBJECTIVES: Students will be able to:

1. list

2. explain the difference between

3. describe the

4. chart on a map the

5. define the terms

6. Explain the significance of

Knowledge: Recall of data.

Comprehension: Understand the meaning, translation, interpolation, and interpretation of instructions and problems. State a problem in one's own words.

Application:
Use a concept in a new situation or unprompted use of an abstraction. Applies what was learned in the classroom into novel situations in the workplace.

Analysis:
Separates material or concepts into component parts so that its organizational structure may be understood. Distinguishes between facts and inferences. 

Synthesis:
Builds a structure or pattern from diverse elements. Put parts together to form a whole, with emphasis on creating a new meaning or structure.

Evaluation:
Make judgments about the value of ideas or materials.

Remember : Recognizing, Recalling
Understand : Interpreting, exemplifying, classifying, summarizing, inferring, comparing, explaining
Apply : Executing, implementing
Analyze : Differentiating, organizing, attributing
Evaluate : checking, critiquing
Create: generating, planning, producing