Which of the following was a serious problem that the farmers faced in the late 1800s?

Question

Question 9 options:

Large amounts of debt

Years of drought

Lack of railroads

Underproduction of crops

Answer 1

In the late 1800s, farmers faced several serious challenges, but one of the most pressing issues was large amounts of debt. Many farmers borrowed heavily to purchase land and equipment, and when crop prices fell, they struggled to repay these debts. This financial strain was exacerbated by factors such as high interest rates, competition from larger agricultural producers, and regional economic downturns. Therefore, the correct answer is:

Large amounts of debt.