The sub-treasury plan, the federal government would hold crops in public warehouses and issue loans on their value until they could be profitably sold.
<h3>Why did Farmers face an increasing debt load in the late 1800s?</h3>
They were caught between increased costs and falling prices.
<h3>
Why did the Grange movement focus on reducing prices that railroads and grain elevators charged? </h3>
Farmers relied on railroads and grain elevators but were forced to pay higher than usual rates.
<h3>
To learn more about sub-treasury system visit:</h3>
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The distribution of income in the United States has become less equal over the last 20 years. This means that the difference between the rich and the poor has grown. It could mean that the rich have started getting more money while the poor get what they used to get, or even less. In any case, the gap between their income has changed greatly during this time period.
Producers
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Answer:
The amount of insurance expense that should appear in the company's 2019 income statement is $1,000
Explanation:
The computation of the insurance expense is shown below:
= Beginning balance of prepaid expense + Additional insurance premium - ending balance of prepaid expenses
= $900 + $600 - $500
= $1,000
For computing the accurate value we added the opening balance of prepaid expenses, additional premium and deducted the ending balance of the prepaid expenses
