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Which of these best describes why a large percentage of farmers in the late 1800s had high amounts of debt?
Wiki User
∙ 13y ago
Many farmers had borrowed large amounts of money to pay for land and farm equipment.
Wiki User
∙ 13y ago
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Were the powerful industrialists of the late 1800s robber barons or captains of industry?
I believe they were considered to be both
When were business analytics introduced?
The practice of business analytics can be traced back to as far as ancient Greece. However, it wasn't until the late 1700s before the first business practice was documented as a business practice, and not until the late 1800s before business management became a recognized discipline.
What is a 1 florin coin worth in us dollars?
It depends on the date and the coin. I'm assuming you are referring to the British 2 Shillings coin. Those coins were struck from the mid 1800s all the way up to when the UK went decimal in 1970, as such, the values of the coins really depend on the date and the condition.
What does a silver certificate mean?
A silver certificate is a US banknote (bill) that could be redeemed for an equivalent amount of silver. Prior to 1964, the USA was "on the silver standard." The government controlled the price of silver, and silver certificates were bills that could be exchanged for a specific amount of the metal. Denominations used in the 20th century were $1, $5, and $10; in the 1800s other denominations from $2 to $1000 were also sometimes printed as silver certificates. The government was allowed to issue only as many bills as there was silver in the Treasury to redeem them, which helped to control the money supply. Silver certificates in fact were little more than a receipt or deed for a certain number of ounces of silver. There were also bills called Federal Reserve Notes (the same kind we use today) and US Notes, similar to Federal Reserve Notes but issued directly by the Treasury rather than via the central bank. These bills weren't backed by precious metal, but by the faith of the public in the stability of the government. Silver certificates were similar in design to the other Federal Reserve and U.S. Notes except that they generally had blue seals instead of green or red, and did not carry a Federal Reserve District seal or code letter. In the 1960s the demand for silver increased sharply and the government was forced to let the price be determined by market forces. The value shot up from the controlled price of $1.29/oz to over $40 for a while, and it was no longer economical to use silver in coins or to redeem bills. The production of silver certificates was stopped in 1963 and silver was removed from coins at the start of 1965. Silver certificates were allowed to stay in circulation but they could no longer be redeemed for metal. By 1966 US Notes were also discontinued. Some consider today's Federal Reserve Notes as portions of our government's indebtedness. The pro's and con's of that are hotly debated, and are beyond the scope of the question. Many late-date silver certificates were saved by collectors, and are still so common in collections that they are not worth much more than face value despite being almost 50 years old. Before 1933, US banks also issued gold certificates for gold deposits. They were similar to silver certificates in that they were backed by a specific amount of gold on deposit with the Treasury.
What is the meaning of a red door on a house?
A red door means "welcome". However, now that I'm getting into a bit of staging, I've learned that there are many meanings to a red front door: In Feng Shui, a red door symbolizes the mouth of the home. By painting our door red (or any bright colour that stands out) chi (positive energy) is drawn to the house. It is the entry point in which abundance and opportunities find us. The Chinese consider red to be the lucky or sacred colour. Many doors are painted with a fresh coat of red just before Chinese New Year to invite good luck and happiness. In Ireland, a red door is supposed to ward off ghosts and evil spirits. In Catholicism, a red door represents that the blood of Christ has been smeared on it and that the area beyond the door is holy and sacred. Also, according to the Old Testament, the Jewish slaves in Egypt smeared their doors with lambs blood as a sign that the required sacrifice had already been made, and those homes would be passed over by the Angel of Vengence. Supposedly red doors were used as part of the Underground Railroad, and homes with red doors were "safe houses". Albert Einstein painted his door red because he couldn't recognize his house without it. And for homeowners, a red door announces that the house is paid for, free and clear.
What best describes how railroads helped and hurt American farmers in the late 1800s?
because your face sucks
What was a goal for farmers in the 1800s?
Lower prices for grain storage was a political goal for farmers in the 1800s.
What was a political goal for farmers in the 1800s?
Lower prices for grain storage was a political goal for farmers in the 1800s.
Where do farmers live in 1800s?
Most farmers actually lived in the south.
What tools did the farmers use in the 1800s?
your mother
What was the situation for farmers in the late 1800s?
Prices for crops decreased, and costs for farmers increased
Why did the farmers not use metal plows in the early 1800s?
Farmers believed the metal poisoned the soil.
What were Dutch farmers called back in the 1800s?
They were called Boers.
Which describes the economy of Ireland in the 1800s?
Poor and agricultural
What did not intensify the debts the plains farmers had during the late 1800s?
inflation
What danger did farmers face in the 1800s?
losing their farms because of unpaid debts
Farmers in the late 1800s hoped to offset economic hardships by forming these?
unions
