The challenge faced by farmers during the late 1800s that was caused by overproduction of crops was low crop prices. Overproduction led to an oversupply in the market, which drove prices down, making it difficult for farmers to earn a profit.
Which challenge faced by farmers during the late 1800s was caused by overproduction of crops?(1 point)
Responses
high tariff rates
high tariff rates
federal monetary policy
federal monetary policy
high railroad fees
high railroad fees
low crop prices
1 answer