The root cause of the American farmers' problems after 1880 was
A) underproduction of agricultural foodstuffs.
B) foreign competition.
C) the declining number of farms and farmers.
D) the shortage of farm machinery.
E) low prices and a deflated currency.

Question

Quizplus · Accepted Answer

After 1880, American farmers faced low prices for their crops and a deflated currency, which reduced their purchasing power and made it difficult to pay off debts. This economic situation was exacerbated by overproduction, which further drove down prices.

The Root Cause of the American Farmers' Problems After 1880