Farmers faced Native American raids, poor growing conditions, droughts, disease, insects, and anything that would give farmers a hard time now. Farmers had to pay higher prices for transportation which caused less profit - crops prices fell which also caused less profit. The government issued greenbacks then retired them, causing an increase in the value of money in the circulation.
if the nation in question is America then the reason why our society has much more to offer than other society is because American society has the largest diversity than any other nation.
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On May 7, 1915, a german submarine torpedoed and sank the Lusitania, a British cruiseliner which had 128 American citizens on board, as well as military goods. It was the first step to the US joining the war.
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The anwser to your question would be an monarchy