Answer:
These were the conditions that faced American farmers in the decades after the Civil War, when the United States rapidly shifted from an agrarian to an industrial economy. Farmers faced significant challenges selling their crops on a global market, gaining access to affordable credit, and dealing with chronic debt. In response, farmers in the South and West formed a third party to address their collective challenges and seek broader political representation. This meant three things for the farmer.
First, various middlemen monopolized the ability of a farmer to get his crop to market. The farmer had to pay exorbitant rates to railroads and middlemen at various stages to sell his produce, thus keeping the farmer from a fair return for his labor and goods. Second, Populists believed that banks monopolized access to credit. Third, by the 1890s, Populists came to believe that the U. political system was monopolized by two parties - the Democratic Party and the Republican Party - which did not represent the interests of farmers and did not work to address the problems of agriculture in an industrial age.
Explanation:
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