There were several problems facing farmers during the Gilded Age. One problem was debt. Banks had been charging farmers higher interest rates. The farmers felt the banks were unfairly targeting them since the farmers believed other businesses were receiving lower interest rates. Farmers had a hard time repaying their loans, and, as a result, they were losing their farms.
The next two problems are related. As new machinery was introduced, farmers were able to produce more crops. The machines were expensive to buy, which helped cause some of the debt the farmers faced. However, the machines allowed for more crops to be grown and harvested, which led to an oversupply of crops. This caused crop prices to drop, which squeezed the farmers financially.
The railroads were also a problem for farmers. The railroad companies refused to give farmers rebates for shipping their crops on the trains. The railroad companies did give rebates to other businesses that shipped many products. The farmers felt...
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