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What was one result of the boom in crop production in the 1870s?

User Cheol
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2 Answers

5 votes

Answer:

crop prices went down

Step-by-step explanation:

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User Thanos Diacakis
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Answer:

The increase and boom in the crop production in the 1870's incurred a small mini financial crisis in the late 1800's because the food prices dropped and farmers thought they were getting rich and spent all their money.

Step-by-step explanation:

The farming boomed in the last 1800's. The prices of food dropped considerably. This gave farmers the false idea that they could overspend. When they overspent, they were under a lot of debt.

All this incurred a small financial crisis in the last 1800's. This led to farmers making drastic changes in their production.

User Mhtmalpani
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