Which of the following describes the impact the combine harvester had on the economics of American farming in the late nineteenth century?
A) It increased productivity, which made farming more profitable.
B) It increased productivity, which drove down agricultural prices.
C) It made cooperative approaches to selling crops and buying finished goods unnecessary.
D) It motivated farmers to think of themselves as industrial workers and join unions.

Question

Quizplus · Accepted Answer

The combine harvester significantly increased productivity on farms by combining multiple harvesting processes into one operation. This efficiency led to an increase in the supply of agricultural products, which, according to the laws of supply and demand, drove down prices. This made individual crops less valuable and could negatively impact farmers' income despite higher productivity.

Which of the Following Describes the Impact the Combine Harvester