Asked by Taylor Madison on Apr 25, 2024
Verified
A farmer operating under the crop-lien system usually ________________.
A) reduced soil erosion
B) increased his production
C) sank ever deeper into debt
D) added land to his holdings
Debt
An obligation or liability to pay or render something to another party, which can be a result of borrowing funds or acquiring goods and services.
Crop-Lien System
A credit system used in the Southern United States after the Civil War, where farmers borrowed against future crop yields, leading to debt and economic dependency.
- Analyze the repercussions of legal frameworks on the cultivation and management of land in the American West.
Verified Answer
SR
Stephanie RichardsApr 27, 2024
Final Answer :
C
Explanation :
The crop-lien system was a credit system in which farmers would borrow money from a creditor to purchase supplies and equipment for farming. In turn, the creditor would take a lien, or a legal claim, on the farmer's crops as collateral for the loan. However, the interest rates were often high and the prices charged for supplies and equipment were inflated, making it difficult for farmers to make enough profit to pay off their debts. As a result, many farmers who operated under the crop-lien system sank deeper into debt.
Learning Objectives
- Analyze the repercussions of legal frameworks on the cultivation and management of land in the American West.
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