Answer:
For quite a time, this Populist movement became successful, but it deteriorated gradually. There have been some explanations behind the Populist group 's downfall.
One explanation is about the working class 'needs as well as the growers' requirements. The farmers needed monetary and fiscal policy which would increase crop prices. They request the state to have places whereby farmers can store their stocks before agricultural prices increase.
Since the elections of 1896, the economy changed, another cause that harmed the Populist Party which contributed to its downfall. As a consequence, the monetary base, that had been a major trend of the Populist Party, had little need to raise.
This Populist movement was effective for a period, but it eventually deteriorated. There are a few theories as to why the Populist movement failed.
One reason is around the demands of the middle class and also the requirements of the growers. Farmers required monetary and fiscal policies that would result in higher crop prices. They want the state to set up storage facilities for farmers' stockpiles before crop prices rise.
The economy had altered since the 1896 midterms, which was another factor that weakened the Populist Party and led to its demise. As a result, there was minimal need to increase the monetary base, which had been a main theme of the Nationalist Party.
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