What caused farmers to fall into poverty and debt?

What caused farmers to fall into poverty and debt?

Farmers Grow Angry and Desperate. During World War I, farmers worked hard to produce record crops and livestock. When prices fell they tried to produce even more to pay their debts, taxes and living expenses. In the early 1930s prices dropped so low that many farmers went bankrupt and lost their farms.

When did farmers fall into poverty in Rome?

Do you see parallels between land ownership in Rome and in the modern United States? In the Roman experience, this is the beginning of a 100-year-long process of Italy going from being a patchwork of smaller farms with some large estates to nothing but sprawling, commercially-oriented estates.

Why many Roman farmers fell into poverty in the 100s BC?

In the 100s B.C. farmers fell into debt and poverty because they had neglected their fields while fighting the Roman wars. Others had their farms destroyed by the Carthaginians. They had no crops to harvest, therefore, could not pay back loans they owed.

Who destroyed Roman farms that left farmers in poverty and debt?

In the 100s b.c., farmers began to fall into poverty and debt. Why? Many small farmers had neglected their fields while fighting in Roman wars. Others had their farms destroyed by the Carthaginians.

Why did farmers go into debt?

Why did many farmers go into debt in the late 1800s? They took out loans to invest in new industries because agriculture was declining. They took loans out to diversify their crops because consumers demanded new varieties of produce. They took out loans to build roads to bring their produce to distant cities.

Why did farmers go into debt How did the farmers keep going?

It was difficult for farmers to get out of debt because they had to plant a lot of crops and so the price of their crops went down and this made them in debt. They had to take loans and sometimes the loans made them pay large interest rates which also put them in debt.

Why were there many farmers in Rome?

Though Rome relied on resources from its many provinces acquired through conquest and warfare, wealthy Romans developed the land in Italy to produce a variety of crops. “The people living in the city of Rome constituted a huge market for the purchase of food produced on Italian farms.”

Why were there many farmers in ancient Rome?

Ancient Rome was a powerful city filled with many people, and farmers were in high demand to grow food for the rest of the Roman citizens to eat.

Why did many small farmers moved to Roman cities?

Which group did most of the work on the latifundia? Many small farmers moved to Roman cities where they found high paying jobs.