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Because farmers as a rule only get paid when the crops are sold the depend upon credit at stores for seed and essentials. Sometimes the crop doesn't bring in enough money to pay the previous years debt so they tend to stay in debt. However if all goes well they can pay their bills and but money aside to buy the farm if that is an option or maybe buy land elsewhere and start over on their own. Sharecroppers and farmers both have hard lives that depend on the weather a great deal. So nothing is a sure thing. Many take out loans to cover costs until the crops are in and they are able to pay it back.

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12y ago
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11y ago

Most sharecroppers had to live on the cycle of debt because when they would need food, clothing, or supplies they had to use credit because had little or no cash

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Q: Why did the sharecropper system keep sharecroppers in debt?
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What was life like for a sharecropping?

Yes, sharecropping led to what some have described as '' economic slavery '' because the former slave was uneducated, easily misled, manipulated and was exploited by the land owner. There was really no "sharing"at all. Rather, it allowed the continued oppression of the former slaves. Sharecropping was a system of farming that arose at the end of the Civil War. The freed slaves were poor and uneducated. Farmers would make an arrangement with the sharecropper under which the former slaves would farm the land under strict supervision, purchase their supplies from the farmer, use his machinery and pay the farmer with a large portion of the crop, plus interest. The owner took the majority of the harvests while the sharecroppers family existed on the edge of starvation. The sharecropper could never pay off their debt to the landowner and remained dirt poor. All they had to offer was their labor and they had to use their labor to scratch out a living. They lived in abject poverty. The system eventually involved poor whites also. It was a system that was filled with cruelty, abuse, dishonesty and corruption. A related system was the crop lien system. The crop lien system kept many farmers in debt to merchants and banks in much the same was a sharecropper was always in debt to the landowner. They could never catch up and earn any actual profits.


Why might the landowners want to keep the sharecroppers indebted to them?

free labor


How were farmers different from sharecroppers?

Farmers owned the land they farmed, and could keep what they earned. Sharecroppers farmed land owned by someone else, and kept part of the profits from the crop.


What was the system that enabled storekeepers to extend credit on small farmers' crops and thus keep them permanently in debt?

The Crop-Lien System enabled storekeepers to extend credit on small farmers' crops, which kept them permanently in debt.


What was true about sharecropping?

Landowners took advantage of the workers


Why did sharecroppers remain poor?

they did not have enough money to keep thefarm growing because the economy was based on the factories


What happened to plantation owners after the civil war?

Some, unable to pay their mortgages, lost their plantations when the banks foreclosed. Some sold out to Northern carpetbaggers. Those who were able to keep their land realized that they could not sustain cotton production on an industrial scale without the slave labor force, because they could not afford to pay living wages. They developed a system called sharecropping by which the field hands would receive a portion of the crop in exchange for their labor. The sharecroppers lived on the plantation in their own shacks. In practice, the system was little better than slavery. the sharecropper had to pay their rent out of their share of the crop, with very littl left over for anything beyond subsistence.


What was Alexander Hamiltons biggest challenge?

to pay off national debt


How can one remove debt from your credit report?

The easiest way to have debt removed from your credit file is to pay the debt which also show that you can make & keep to payments. You can also negotiate with the company the debt is with to remove this debt.


If you file chapter 7 can you keep your secured debt?

You may be able to keep some or even all of your secured debt. Simply reaffirm at the time you file, or it can be done as an addendum later. Your attorney will be familiar with the process. Keep in mind that the additional debt you keep may make it difficult or impossible to continue with the bankruptcy. Consider this as you decide what to reaffirm and what to surrender.


Can authorities keep you from leaving Australia due to bad debt?

No


How do you keep good credit score?

pay off your debt