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Prices for crops decreased, and costs for farmers increased
During the late 1800's, deflation was going on economically, which hurt the farmers because their crops were worth less.
a growing number of farmers starsuite
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the populist and greenback
The debt-ridden farmers found the populist and greenback parties back in the late 1800's
inflation
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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.
Many farmers had borrowed large amounts of money to pay for land and farm equipment.
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become more dependent on banks and railroads
Prices for crops decreased, and costs for farmers increased
unions
During the late 1800's, deflation was going on economically, which hurt the farmers because their crops were worth less.
a growing number of farmers starsuite