Which of the following farming practices contributed to the economic downturn? Select the two correct answers.(2 points)

Question

Responses

Many farmers mortgaged their farms to buy more land.
Many farmers mortgaged their farms to buy more land.

Many farmers sold their land and farming equipment.
Many farmers sold their land and farming equipment.

Many farmers charged high prices for their crops.
Many farmers charged high prices for their crops.

Many farmers borrowed money against the profits of future crops.
Many farmers borrowed money against the profits of future crops.

Many farmers took advantage of generous government policies.

Answer 1

The two farming practices that contributed to the economic downturn are:

1. Many farmers mortgaged their farms to buy more land.
2. Many farmers borrowed money against the profits of future crops.

These practices often led to increased debt and financial instability when crop prices fell or yields were poor, contributing to the economic challenges faced by farmers during that period.