Author Question: The rise in agricultural discontent in the late 19th century can be best explained by a. the rise ... (Read 59 times)

bucstennis@aim.com · **on:** Jun 30, 2018

The rise in agricultural discontent in the late 19th century can be best explained by
a. the rise of railroad cartels in the Midwest.
b. the rise of global market forces not easily observed by the farmers.
c. a decline in the value of agricultural exports from 1870 to 1900.
d. predatory lending by banks, resulting in increased farm repossessions.

Question 2

In the late-19th century, farmers blamed their problems on a number of factors. Which of these complaints is supported (somewhat) by quantitative evidence gathered by economic historians?
a. Eastern bankers conspired to inflate interest rates on western farm mortgages.
b. Manufacturers charged unreasonably high prices for farm equipment.
c. Consumer goods prices were rising too rapidly.
d. Certain sections of railroad were monopolized, resulting in unreasonably high freight rates.

LVPMS · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

b. the rise of global market forces not easily observed by the farmers.

Answer to Question 2

d. Certain sections of railroad were monopolized, resulting in unreasonably high freight rates.