Question

Which of the following was a serious problem faced by farmers in the late 1800s? A. A lack of railroads B. Large amounts of debt C. Years of drought D. No one was buying their products.

Answer 1

the main problem was large amount of debt When they were unable tp repay their loans,farmer blamed the banks and railway line for their problems.However,several historians also opines that the main problems affecting farmers was overproduction which led to low prices for their goods.

Answer 2

The correct answer is B. Large amounts of debt

Farmers faced huge financial hardships in the late 1800s as they were charged excessive prices to ship goods. These economic problems were largely due to the fact that they were becoming too productive.