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Why did many farmers go into debt in the late 1800's
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Oct 13, 2023
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Why did many farmers go into debt in the late 1800's
History
high-school
Ben Poulson
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Many farmers believed that interest rates were too high because of monopolistic lenders, and the money supply was inadequate, producing deflation.
Volune
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Oct 16, 2023
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Volune
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Many farmers went into debt into the late 1800’s because they took out loans on the value of their farms to pay the increased cost for new machines and supplies.
Kaushik Evani
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Oct 19, 2023
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