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kakasveta [241]
3 years ago
11

Why did many farmers go into debt in the late 1800s?

History
1 answer:
katovenus [111]3 years ago
4 0
The correct answer is
<span>D. They took out loans on the value of their farms to pay the increased costs for new machines and other supplies

They couldn't pay it back after because the seasons were not the best and the banks and railroad companies were taking away their land and punishing them for debt. This is why the populist party gained power because it wanted to protect the farmers from capitalist companies.</span>
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