answersLogoWhite

0


Best Answer
User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why do farmers borrow money from the money lenders?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which is of American farmers in the 1880s?

They had to borrow money to buy seed, fertilizer, and equipment.


This department makes several diffrent types of low interest long-term loans to farmers and farm groups that are unable to borrow from other lenders?

agriculture


This department makes several different types of low interest long term loans to farmers and farm groups that are unable to borrow from other lenders?

Agriculture


What department makes several different types of low interest long term loans to farmers and farm groups that are unable to borrow from other lenders?

Dept. of Agriculture


Which is true of Americans farmers in the 1880s?

They had to borrow money to buy seed, fertilizer, and equipment.


How do the medium and large farmers obtain capital for farming?

The large framers are able to use their own saving from production for working capital during the east season on the other hand. small farmers find it difficult to obtain capital because of small size land so their production is less so they are unable to obtain capital from their own saving. so they have to borrow money from the money lenders.


What is individual money lenders?

Individual Money Lenders


When was The Money Lenders created?

The Money Lenders was created in 1981.


Is it safe to borrow money from private hard money lenders?

It might be safe depending on who you go to but not always. Hard money lenders tend to charge outrageous fees and interest rates, so if you can find one who is reliable it may be a good idea if you can't get a standard loan from a bank or another financial institution.


What were the economic challenges to American farmers and how did farmers respond to these challenges in mid to late 1800s?

They had to borrow money to buy seed, fertilize, and equipment


How are hard money lenders different from soft money lenders?

Hard money lenders are much different then soft money lenders. They typically ARE NOT commercial banks or deposit institutions, charging a lot more interest.


What was 'usurers' in context of Germany?

money lenders