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If you mean in America, banks contributed to the farmer's plight by demanding payment for the investments they made for the mortgages of the farmers. The problem was that the price of crops dropped significantly during the nineteenth century, so farmers needed to work ridiculously hard to gather enough crops to pay off their creditors while the currency deflated, meaning there would be less money around for them to use in the first place.

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Q: How did banks contribute to the farmers plight?
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Related questions

How did bankscontribute to farmer's plight?

how did banks contribute to farmer's plight


Which factor contributed to the plight of farmers?

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