answersLogoWhite

0


Best Answer

Actually, it didn't.

During the late 1800's the country was in the Industrial Revolution after the Civil War. Obviously since slavery was then turned illegal, farmers needed helped working their farm.

This encouraged inventors to come up with ideas to help them farm. This is why the first liquid gas powered tractor with a plow was invented in the year 1880. Machinery became popular enough for most farmers with a little bit of money to buy tractors, plows, etc.

Now that most farmers had an easier way to farm, they actually started to expand their farms and brought in an okay profit. this is what start the big equipment we have today.

In my opinion (not that this is a true fact) is that if slavery was to end 50 to 100 years earlier than it did, we would probably be 50 to 100 years ahead in agriculture today than in 50 to 100 years from now. If you don't get that you just have to think about it a little harder....

User Avatar

Wiki User

13y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

10y ago

Nobody could afford to pay the prices for crops that the farmers expected.

Also, the debt which farmers already had would be much easier to pay off if the economy was going through inflation.

(Inflation for example would be if an ordinary dollar bill's worth was increased to 2 dollars; deflation is when a dollar's value is decreased.)

With deflation, the farmers must pay with more dollar bills, and during inflation, they would have to pay with fewer.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How did deflation in the late 1800s effect the farmers?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How did the deflation or decrease in the money supply in the late 1800s affect farmers?

Labor unrest and violence engulfed the nation. Most farmers of the late 1800s were debtors, meaning they owed money. These farmers were hurt by deflation because it meant that their debt must be paid in money worth more than the money borrowed.


Why did they favor cheap money in the 1800s farmers?

During the late 1800's, deflation was going on economically, which hurt the farmers because their crops were worth less.


What was the situation for farmers in the late 1800s?

Prices for crops decreased, and costs for farmers increased


What did not intensify the debts the plains farmers had during the late 1800s?

inflation


Farmers in the late 1800s hoped to offset economic hardships by forming these?

unions


Increased farm production in the late 1800s except?

a growing number of farmers starsuite


How did the farmers affect other people in the nation during the late 1800s?

Keith urban


What was not associated with farmers in the late 1800s?

Anus anal but sex dildo in da booty


What is a challenge faced by farmers in the late 1800s?

Lack of equipment and prices of it not to mention the temperature's.


Debt-ridden farmers founded these two parties in the late 1800s?

the populist and greenback


Why were the farmers trapped in a vicious economic cycle in the late 1800's?

why were the vicious economic cycle trapped in the the late 1800s


What were the economic challenges to American farmers and how did farmers respond to these challenges in mid to late 1800s?

They had to borrow money to buy seed, fertilize, and equipment