Farming profits fell between 1979 and 1983 because of all of the following except
A)Declining land values.
B)Rising interest rates.
C)Increasing exports.

Question

Quizplus · Accepted Answer

The statement mentions that farming profits fell between 1979 and 1983, and asks which of the following did not contribute to this decline. Options A and B, declining land values and rising interest rates respectively, are commonly known factors that negatively impact farming profits by increasing expenses and reducing the value of the land. Option C, increasing exports, would have had the opposite effect by increasing demand for agricultural products and potentially increasing revenue. Therefore, option C is the correct answer as it did not contribute to the decline in farming profits during this time period.

Farming Profits Fell Between 1979 and 1983 Because of All