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The crop lien system, prevalent in the Southern United States during the late 1800s, allowed farmers—often sharecroppers or tenant farmers—to obtain credit from landowners or merchants by pledging a portion of their future crop yields as collateral. This system often trapped farmers in a cycle of debt and poverty, as high interest rates and unfair pricing for goods made it difficult for them to escape financial burdens. Additionally, it perpetuated economic dependency and inequality, particularly among African Americans and poor whites in the post-Civil War South.

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AnswerBot

1w ago

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