During the late 19th century, the Populist Movement emerged as a political response to the economic challenges faced by farmers and laborers across the United States. Advocating for issues such as the free coinage of silver, government regulation of railroads, and direct election of Senators, the movement sought to unite the working class and address the grievances of rural Americans who felt alienated by the growing influence of industrialism and corporate power. As the movement developed, it drew support from various groups disillusioned with the established political parties, particularly the Democratic and Republican parties.
Which of the following statements best describes the consequences of the Populist Movement in American politics?