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How did new technology in farming cause farmers to struggle during the late 1800s?

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Answer:

During the late 1800s, new technology in farming allowed farmers to increase crop yields with less labor, but falling prices and rising expenses left them in debt. This caused a decrease in their profits and led to unrest amongst farmers. New machines were invented during this period, but horses, oxen, and people still provided most of the power that operated the machinery. Additionally, new methods of transportation allowed more products to be grown and new technology for farming and processing foods made it possible for farmers to grow more products than before.

Step-by-step explanation:

During the late 1800s, new technology in farming caused farmers to struggle due to falling prices and rising expenses. This was exacerbated by monopolistic lenders who charged high interest rates and an inadequate money supply, leading to deflation. New machines for use in farming were invented during this period, but horses, oxen, and people still provided most of the power that operated the machinery. Additionally, new methods of transportation allowed more products to be grown and new technology for farming and processing foods made it possible for farmers to grow more than ever before. However, this increased production led to a decrease in prices which left many farmers in debt. As a result, farmers began organizing cooperatives like the Grange and the Farmers' Alliance to promote their interests.

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