Which statement correctly explains one of the factors that made cotton less profitable for Texas farmers in the 1890s?(1 point)

Responses

Innovation and an expansion onto new lands led to overproduction throughout the U.S. South, which led to falling global prices.
Innovation and an expansion onto new lands led to overproduction throughout the U.S. South, which led to falling global prices.

Americans adopted a return to homespun garments that encouraged them to spin and weave cloth from cotton and flax that they grew on their own farms.
Americans adopted a return to homespun garments that encouraged them to spin and weave cloth from cotton and flax that they grew on their own farms.

A failure to develop a transportation system that would allow farmers on the Blackland Prairies to ship their cotton to ports in the Gulf of Mexico meant that much cotton went to waste.
A failure to develop a transportation system that would allow farmers on the Blackland Prairies to ship their cotton to ports in the Gulf of Mexico meant that much cotton went to waste.

A failure to develop more efficient ways to separate cottonseeds from cotton fibers meant that farmers could not clean and market all of the cotton that they grew.
A failure to develop more efficient ways to separate cottonseeds from cotton fibers meant that farmers could not clean and market all of the cotton that they grew.
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1 answer

The statement that correctly explains one of the factors that made cotton less profitable for Texas farmers in the 1890s is:

Innovation and an expansion onto new lands led to overproduction throughout the U.S. South, which led to falling global prices.

This reflects the economic principle of supply and demand, where increased supply (due to overproduction) can lead to lower prices, negatively impacting profitability for farmers.