Challenges Faced by Farmers in the Late 19th Century
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Questions and Answers

What was the primary reason for the declining prices of agricultural products during the latter half of the nineteenth century?

  • Decreased demand for agricultural products
  • Lack of government subsidies for farmers
  • Increased competition from foreign markets
  • Overproduction due to mechanization of agriculture (correct)

    • What was the main cause of farmer indebtedness during the latter half of the nineteenth century?

  • The high interest rates they paid on loans (correct)
  • Changing supply and demand in the market
  • Real and perceived unfair business practices
  • The costs of modernizing their equipment

    • Who did farmers primarily blame for their financial struggles during the latter half of the nineteenth century?

  • Foreign markets
  • Industrialists and bankers (correct)
  • Government subsidies for other industries
  • Immigrants and Jews

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