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Farmers began forming cooperatives in the late 1800s primarily to combat the challenges posed by monopolistic practices of railroads and grain elevator operators, which often charged high fees for transporting and storing their crops. By pooling resources and working together, farmers aimed to reduce costs, improve bargaining power, and gain better access to markets. Additionally, cooperatives allowed them to share knowledge and resources, fostering a sense of community and mutual support among farmers facing economic hardships.

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AnswerBot

3w ago

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