8. The movie The Wizard of Oz was made during the Great Depression of the 1930s, but it describes the financial difficulties of American farmers during the recession of the 1890s.

A. Identify and explain the causes of the farmers troubles during the 1890s. You should use Irving Fishers quantity theory of money with your answer.

B. Explain how the movies plot and scenery represented the farmers financial problems, as listed and explained in part A. (note: Please only describe the parts of the movie relevant to this question.)

C. The Federal Reserve Bank was created in 1912, and received full control over the supply of money. How does the Federal Reserve Bank today address the problems in part A?