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Farmers could find out about prices in other areas and adjust their prices accordingly

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Q: How did the telegraph affect farm prices?
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Related questions

How did the depression affect farm life?

crop prices fell, and the debts of farmers increased.


What did the New Deal attempt to increase?

The New Deal attempted to increase farm prices. There was hope that reducing farm output would make the farm product prices rise.


How do rising gas prices affect teenagers?

The rising gas prices will affect teenages just as the rising gas prices affect everyone.


The farm policy of the new deal was designed to?

increase prices of farm products by reducing farm output.


Legislation to raise farm prices?

Mcnary-Haugen Farm Relief Bill


What are the human factors that affect farming?

Human factors that affect farming include farmer knowledge and skills, access to resources such as land and capital, economic conditions, government policies and regulations, and social factors such as labor availability and cultural practices. Farmers' attitudes, beliefs, and motivations also play a role in shaping farming practices and outcomes.


Tightening of credit and a sharp decrease in farm prices led to what?

Yes, the tightening of credit and a sharp decrease in farm prices touched of the Panic of 1819.


How do prices affect trade?

When prices are low, trade decreases.


What was one result of the boom on farm production in the 1870?

Crop prices went down because of the boom in farm production in the 1870s.


In 1930 what was set up to raise farm prices?

AAA


Which agency is in charge of overseeing farm prices?

Department of Agriculture


How did overproduction cause farm prices to go down?

Overproduction caused farm prices to go down because when there is more than enough product, the demand goes down. Prices only go up when demand goes up.