Asked by Kaileigh
In the crop-lien system that developed after the Civil War, both farmers and landowners
promised to pay for goods with future earnings.
paid for goods with cash from crop sales.
paid for goods by trading crops for goods.
promised to pay for goods by selling their land.
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promised to pay for goods with future earnings.
Merchants extended credit for supplies and food to sharecroppers/tenant farmers and took a lien on the next crop—payment was deferred and secured by the future harvest.
Merchants extended credit for supplies and food to sharecroppers/tenant farmers and took a lien on the next crop—payment was deferred and secured by the future harvest.
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