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Successes in US farm production led to additional money to spend, which led to acting on big dreams without much planning. This led to farmers incurring more and bigger debts because they figured the fortune would continue. By 1881, a mini financial depression occurred nationwide. Farmers who over-extended their spending and credit owed couldn't pay off their debts. In many cases, people went bankrupt. This ended up in middle-aged grandsons and great-grandsons losing the family farm their ancestors owned starting in 1800-1830. People lost everything.
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What one was result of the boom in crop production in the 1870s?
Crop prices went down.
During the agricultural revolution of the 18th century farmers increased the crop production by using?
Crop rotation
What are some reasons for the cotton boom?
Cotton was a prized crop in the American colonies and later in the United States. There was a worldwide demand for this crop and it was used to make all types of clothing. The US Southern climate was ideal for growing cotton and much of it was purchased by the Northern industrial US States and in England. The demand seemed to have no limits. When the cotton gin was invented in allowed for an easier way to remove seeds from cotton. More cotton was produced and sold worldwide as its demand seemed never to cease. With that said, cotton became a boom crop because of the demand of it in textile mills in the US and in Europe.
What was the result of Indian farmers growing cotton a cash crop rather than food?
widespread famine and starvation
How did the cotton gin make cotton the dominant southern crop?
The cotton gin, invented by Eli Whitney in 1793, revolutionized cotton processing by significantly speeding up the separation of cotton fibers from seeds. This efficiency made cotton production much more profitable and manageable, leading to its widespread adoption in the southern United States. As a result, cotton became the dominant cash crop, driving the economy and increasing the demand for slave labor to cultivate and harvest the crop. Consequently, cotton's prominence shaped the social, economic, and political landscape of the South.
What was on result of the boom in the crop production in the 1870s?
Crop prices went down.
What was the result of the boom in crop production in the 1870s?
Crop prices went down.
What was one result of the boom on farm production in the 1870s?
Crop prices went down because of the boom in farm production in the 1870s.
What was one result of the boom in farms production in the 1870s?
Crop prices went down because of the boom in farm production in the 1870s.
What was one result in the boom crop production in 1870s?
Crop prices went down.
What was western farmers main crop?
What was one result of the boom in crop production in the 1870s
What one was result of the boom in crop production in the 1870s?
Crop prices went down.
What was one result in the boom in crop production in the 1870s?
Crop prices went down.
What was one result of the in farm production in the 1870s?
Crop prices went down because of the boom in farm production in the 1870s.
What was one result of the boom crops production in the 1870s?
Crop prices went down.
What was one result of the boom in farm production in the 1870s apex?
crop prices went down - apex
What was one of results of the boom in farm productions in the 1870s?
Crop prices went down because of the boom in farm production in the 1870s.
