Agriculture Flashcards
1
Q
What did farms produce
A
Variety of pigs cows wheat potatoes, self sufficient
2
Q
1860 to 1906 value of farms rose
A
8bn to 30 bn
3
Q
How did machinery and farming
A
Allowed 135 acres of wheat and a cream separator
4
Q
Why was machinery bad
A
Lead to overproduction which would lead to low prices of produce but farmers suffer as it drove to debt.
5
Q
Fall of cotton price
A
15 cents to 6 cents for a pound
6
Q
Tariff policies
A
Kept good at articfically high prices
7
Q
Monetary policy
A
Gold buggism limited money supply
8
Q
Differential freight policies
A
Railroads charged higher prices to farmers than big business
9
Q
Tenant farming, sharecropping, crop lien system
A
Farmers can’t repay bank loans fall down social ladder lost land
