0
What else can I help you with?
How did the deflation or decrease in the money supply in the late 1800s affect farmers?
Labor unrest and violence engulfed the nation. Most farmers of the late 1800s were debtors, meaning they owed money. These farmers were hurt by deflation because it meant that their debt must be paid in money worth more than the money borrowed.
Why did they favor cheap money in the 1800s farmers?
During the late 1800's, deflation was going on economically, which hurt the farmers because their crops were worth less.
Did farmers in the 1880s find it difficult to get out of debt?
Deflation coupled with high operating costs
How did the conversion to the gold standard hurt farmers?
The conversion to the gold standard hurt farmers by limiting the money supply and leading to deflation, which decreased the prices of agricultural products. As the value of money rose, farmers received less for their crops, making it difficult to cover debts and operating costs. Additionally, many farmers had loans in gold-backed currency, and the higher value of gold made their debt burdens heavier, exacerbating their financial struggles and leading to widespread economic distress in rural areas.
Who did the whiskey rebellion hurt?
Small farmers.
Many farmers were hurt by the severe summer drought?
farmers
How did the flooding of the Tigris and Euphrates rivers both help and hurt farmers?
It hurt the farmers by flooding their fields and the farmers never knew when to plant their crops............. it helped farmers by giving them a close irragation and transportation system for watering their crops and trading their crops for materials and other foods that they didn't have.This is how the flooding of the rivers helped and hurt farmers.
How did the new deal hurt farmers?
The new deal hurt farmers because it put many farmers in debt and there were many droughts causing the crops to be destroyed. Since the crops were destroyed, the farmers couldn't make money and turned poor.
Which word in this sentence is not an adjective Many farmers were hurt by the severe summer drought?
farmers
How did tariffs hurt farmers?
One way in which tariffs hurt farmers was by limiting their export markets. A tariff, simply defined, is a tax that is imposed on exports or imports.
How did World War 1 hurt farmers?
It hurt them because there was not enough money to buy food and crops. Also because of droughts. Because of droughts there was very dry ground and farmers could not plant anymore crops because the ground had no nutriments in it so there was no way there could be anything for the farmers to do. that's what hurt farmers at that time.
Define deflation explain merits and demerits of deflation?
merits and demerits of deflation
