Nearly all of the reasons for agrarian discontent in the late 19th century stem from three areas: land, transportation, and money. The farmers were fighting the perceived threats posed by monopolies and trusts, railroads, and the demonetization of silver. The American farmer during this period already had his fair share of problems which, compared to the success of the industrialized businessmen, resulted in much of the animosity between the two groups. The fact of the matter was farmers had entered a viscous cycle. Wheat and cotton, once the staples of American agriculture were selling at such low prices that it was almost impossible for a farmer to make any profit off of them. This was only made worse by the modern equipment many farmers had invested huge sums of money into that would double or even triple the amount of crops produced each season. Farmers were finding it impossible to compete in this new global market that was helping America’s budding industry so much. Finally, the panic of 1893 devastated many of the nation’s farmers already struggling to hold on. As a result, many farm groups, most notably the Populist Party, arose to fight what farmers saw as the reasons for the decline of agriculture. The decline of agriculture was caused by these factors, not the banks, the railroads, or the government. However, the first two preyed on the weak farmers while the latter stood by. Therefore, most of the farmer’s complaints were valid.…
was, in a way, agricultural depression. Farmers began to over come this by forming the…
The troubles of a farmer were part of a larger economic problem that was affecting…
During the War of 1812 and the Embargo Act, Americans faced the need to produce goods on their own. Therefore after the war, industrialization and production skyrocketed. The industrial revolution, the shift from an agrarian economy to one of manufacturing, changed the way American made, bought and sold their goods. The “Market Revolution” refers this change the way that the American economy connected itself to form a national market. Increased internal improvements, communication, transportation, and networking transformed local and regional market within the country into a national one able to compete on a global level. The economies of each region grew and flourished during the Market revolution. The innovations of the revolution fostered the Northeast’s industry as well as allowing it to connect to the other regions. The Midwest increased in western migration and realized commercial agriculture while also connecting itself. At the same time, the South increases its production of and revenue from cash crops. The market Revolution expanded the Industrial revolution by connecting American producers to consumers, expanding the economy by linking Northeastern industry to Midwestern agriculture, as the South focused on the enormous cash crops of cotton.…
UNITED STATES HISTORY SECTION II Part A (Suggested writing time—45 minutes) Percent of Section II score—45 Directions: The following question requires you to construct a coherent essay that integrates your interpretation of Documents A-J and your knowledge of the period referred to in the question. High scores will be earned only by essays that both cite key pieces of evidence from the documents and draw on outside knowledge of the period. 1. Analyze the ways in which technology, government policy, and economic conditions changed American agriculture in the period 1865–1900. In your answer be sure to evaluate farmers’ responses to these changes.…
The Great Plains has many agricultural activities and has a high agricultural sector in North America despite the dry climate, poor soils, and low vegetation. Many settlers moved to the Great Plains when farming became the largest economic sector in the region during the 19th and 20th centuries. The Great Plains economy became dependent on its primary sector, which this dependency brought the Great Plains vulnerable to decisions of distinct financial institutions, governments, and transportation authorities. By the 1890’s, many homesteaders and farmers abandon their lands due to the drought and the Great economic depression at the beginning of the 1890’s. Also, many farmers leave the Great Plains during the Great Depression in the 1930’s. The…
The Great Depression, when most hear those two words they think off the dust bowl and the collapse of the stack market ending a time of prosperity in the world. But for the farmers of America they had been suffering from low crop prices since the end of the First World War. Before the war the us was basically substantial farms that produced only what they needed and sold the extra for cash. During the war most of the farms in Europe couldn't produce food. President Herbert Hoovers administration had farmers ramp up production and get loans to buy more land and tractors to produce large amounts of food.…
The Great Depression is one of the most misunderstood events in not only American history but also Great Britain, France, Germany, and many other industrialized nations. It also has had important consequences and was an extremely devastating event in America. It was the longest and most severe depression ever experienced by the industrialized Western world. When the New York Stock Exchange crashed in October 1929, the United States dropped sharply into a major depression. The world was in wide demand for agricultural goods during World War I, but they had rapidly decreased after the war and rural America experienced a severe depression throughout most of the 1920's and even on into the 1930's. One of the major losses for agriculture was due to banks foreclosing farm mortgages because the farmers could no longer pay their mortgages. By the early 1930's, thousands of American farmers were out of businesses. Major businesses, however, had to increase profits through most of the decade although wages remained low and workers were unable to buy the goods they had helped produce. The financial and banking systems were very unregulated and a number of banks had failed during the 1920's. Not only did the Great Depression affect the United States as a whole, there were many different effects on both the North and South.…
In 1930 congress voted to raise tariffs on products imported into the US. A tariff is a tax on imported products, such as clothes, food products, or shoes. Business leaders wanted the high tariffs as a way to protect their companies from the competition of lower cost foreign products. Tariffs made the importes goods more expensive. The high tariffs were a disaster, overall world trade went down and that hurt American economy, that was already in serious…
Farmers had been supported during WWI to keep them producing for the war effort, but after the war, their production never went back to normal. Farmers continued to produce more and more, but could no longer find markets. Many farmers lost profits and even their property. Many tried to move to urban…
Conditions were made worse by an increase of large amounts of foreign goods into the american market and the falling cotton market in the south. The reaction mostly depended on where people lived. Northerners thought that this could be avoided in the future by raising high tariffs…
Antebellum Southern planters strove for years to remove the heavy hand of the federal government from their efforts to export their produce. High tariffs in the United States often meant retaliatory duties elsewhere.…
Industrial Revolutions occurred throughout the world roughly between 1750 and 1914. Beginning with Britain, it started to industrialize in the 1780s. By the 1890s, the idea of industrialization had spread to Russia. These two industrial revolutions were similar to an extent. They both set in motion their industrial revolutions with the steam-powered railroad. Also, the outcomes of industrializing caused major environmental effects. However, they were different from each other in the way that Russia initially produced heavy industry while Britain made consumer goods.…
The early 1900's were a time of turmoil for farmers in the United States, especially in the Great Plains region. After the end of World War I, overproduction by farmers resulted in low prices for crops. When farmers first came to the Midwest, they farmed as much wheat as they could because of the high prices and demand. Of the ninety-seven acres, almost thirty-two million acres were being cultivated. The farmers were careless in their planting of the crop, caring only about profit, and they started plowing grasslands that were not made for planting.…
The Great Depression (Narrative Essay) During the great depression many farmers, such as I ,were about average in value because we grew the food, but we weren’t high enough in value to keep our land when we couldn’t make our payments.…