What did the People's Party believe would result from the government taking control of America's railroads and banks?

Lille

The correct answer is: Government control would prevent those industries from taking advantage of small farmers.

Explanation:

In the late 19th Century, more and more American farmers felt marginalized. They were not making enough money and it was getting expensive to transport their goods through the railroad, as these were privately owned and charged whatever they wanted.

As their profits squeezed, the farmers looked for small loans to cover costs. However, the banks were also private enterprises and were charging high interest rates.

The problem was getting worse and the People's Party believed that both the railroads and the banks should be controlled by the government so that the farmers are not taken advantage of.