What entity did farmers in Texas form in 1877, which resulted in cooperatives for sharing machinery, bargaining from wholesalers, negotiating higher prices for crops, and lowering prices for the goods they purchased in order to thwart monopolistic railroads, merchants, and bankers?

Question

Amaya Cline

Social Studies

9 August, 16:17

What entity did farmers in Texas form in 1877, which resulted in cooperatives for sharing machinery, bargaining from wholesalers, negotiating higher prices for crops, and lowering prices for the goods they purchased in order to thwart monopolistic railroads, merchants, and bankers?

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Answers (1)

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Alena Calhoun · Answer 1

Farmers' Alliance

Explanation:

Farmers' Alliance was an agrarian movement in America that took place during the 1870s and 1880s. The aim of this movement was to improve farmers' economic conditions by establishing political and cooperatives advocacy. This led to the sharing of machinery, higher price negotiations for crops, and lowering the price of purchased goods. The group actually comprised of various local organizations that combined to form three large groups.