Farmers that could not pay their debts, the amount of land they had was used to pay
them off.
Sell their crop and pay with the money they earned from the selling.
Farmers who could not pay their debts often faced severe consequences, including loss of their land and assets through foreclosure. Many were forced to declare bankruptcy or sell their livestock and equipment to settle their obligations. This financial stress contributed to widespread rural poverty and instability, leading to protests and movements advocating for debt relief and agricultural reform. In some historical contexts, such as during the Great Depression or the 1930s farm crisis, these challenges prompted significant government intervention and assistance programs.
Many farmers had borrowed large amounts of money to pay for land and farm equipment.
There are a number of ways to fix your debt problems. You could consolidate all of your payments into just one payment. You could get a second job, or even sell things to pay off your debt.
The purpose of debt consolidation is to become debt free. One could merge all debts into one, and pay one monthly amount. This helps pay off all debt much quicker. Speak to someone at a financial institution about this option.
Many farmers borrowed large amounts of money to pay for farming equipment and to pay for the land.
They were sold into foreign slavery to pay for the debt. It was part of Solon's reforms in the early sixth century to cancel debts and recover these people where possible.
yes, it did they are the ones that wanted it to happen. the populist party was made up of farmers and farmers wanted it so they could pay of their debt
Because they could not pay to get out of debt. It was not by choice.
Sell their crop and pay with the money they earned from the selling.
The were sold as slaves to other cities to pay for the debt.
Because they had to pay people to harvest it
Farmers who could not pay their debts often faced severe consequences, including loss of their land and assets through foreclosure. Many were forced to declare bankruptcy or sell their livestock and equipment to settle their obligations. This financial stress contributed to widespread rural poverty and instability, leading to protests and movements advocating for debt relief and agricultural reform. In some historical contexts, such as during the Great Depression or the 1930s farm crisis, these challenges prompted significant government intervention and assistance programs.
They did not have enough money to pay for supplies from the company store.
They did not have enough money to pay for supplies from the company store.
Many farmers had borrowed large amounts of money to pay for land and farm equipment.
The Farmers caried on farming like they did before planting crops and then harvesting them. They also went into a lot of debt because they were still producing a lot of crops like they had been in WWI. This caused the price for these goods to go down, and many farmers had to go into debt. Then many of them would be kicked off their land because they couldn't pay their debt or the banks they were in debt to went bankrupt.