Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Although the Industrial Revolution increased agricultural productivity, how did the new machinery increase farmers' debt during the Great Depression? Group of answer choices New machinery

Although the Industrial Revolution increased agricultural productivity, how did the new machinery increase farmers' debt during the Great Depression? Group of answer choices New machinery that was being produced was appealing to farmers even though they could not afford the steep prices. The machinery often broke down and caused farmers to turn back to manual agriculture or pay for parts and repairs. Farming machinery often ruined the crop yield resulting in no profit for farmers. The machinery, along with decreasing demand, led to farmers owing more money than they could make

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics of Managerial Decisions

Authors: Roger Blair, Mark Rush

1st edition

134166167, 978-0134166162, 9780134140773 , 978-0133548235

More Books

Students also viewed these Economics questions