The correct answer B) farmers couldn’t repay their loans.
<em>In the 1920s many rural Banks failed because farmers couldn’t repay their loans.
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Historians establish that almost 600 Banks failed between 1921 to 1929. Most of them were small, rural Banks. But farmers in America had less money every day to pay their debts. There were problems in the farm fields and crops were not producing at their best. Farmers did not have enough money to repay their loans and Banks had no ways to get their money back.
To end World War 1, and to have Germany pay reparations for causing the war.
The statement that is the most accurate description of the middle colonies in the 1700s would be that "<span>A. They were home to diverse immigrants, they were a center of trade, and they eventually came under British control," although the British control ended relatively early. </span>
