The basic institution of the southern rural economy after the Civil War was the "crop lien system."

Name: The basic institution of the southern rural economy after the Civil War was the "crop lien system."
Brand: Quizplus
Rating: 4.9 (55 reviews)

Question

Quizplus · Accepted Answer

The crop lien system was indeed the basic institution of the southern rural economy after the Civil War. This system allowed farmers to obtain credit by using their future crops as collateral, which often left them trapped in a cycle of debt and poverty.

The Basic Institution of the Southern Rural Economy After the Civil