Ask Question
Today, 07:16

Why did farmers in the late 1800s want inflation? A. Inflation would make it easier to get loans from banks. B. Inflation would make farm equipment more affordable. C. They wanted prices to go down. D. They hoped the rise in prices would increase their income.

+1
Answers (1)
  1. Today, 09:13
    0
    Farmers in the late 1800s wanted inflation because D. they hoped the rise in prices would increase their income. Inflation refers to the rise in the price of the goods, which consequently makes these farmers who produce the goods get more money because the goods now cost more. So it is only natural they would want inflation so as to get more money for their products that they sell to the markets and grocery stores and such.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why did farmers in the late 1800s want inflation? A. Inflation would make it easier to get loans from banks. B. Inflation would make farm ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers