why did many farmers go into debt in the late 1800s?

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19-10-2021
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why did many farmers go into debt in the late 1800s?

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chepgill24 chepgill24 · Answer 1 · 2021-10-29T14:57:49+02:00

chepgill24 chepgill24

29-10-2021

Answer: They took out loans to invest in new industries because agriculture was declining. ... They took out loans on the value of their farms to pay the increased costs for new machines and other supplies.

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