Ask Question
4 December, 04:50

How did the deflation or decrease in the money supply in the late 1800s affect farmers?

+4
Answers (1)
  1. 4 December, 07:39
    0
    What happened is that they would receive less money for their produce. This was a big problem because the price of transportation was still really expensive so debts started accumulating and eventually the system broke. The people who were farmers had huge issues with debts and poverty.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How did the deflation or decrease in the money supply in the late 1800s affect farmers? ...” 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