Question

• Debt and high interest rates

• Value of product decreased due to record yields
• Inflated prices of manufactured goods
• High prices for railroad use


Despite the benefits brought by new technology and machinery, _______ suffered financially in the late 19th century due to the issues in the box above.


A. importers
B. industrialists
C. miners
D. farmers

Answer 1

Good Morning!

The description may refer to farmers or importers. The answer, however, is with regard to farmers and Brazilian production is an example of this: the increase in coffee production meant that, in the early twentieth century, thousands of sacks had to be burned to valorize the product.


Hugs!