A
astraw13
Guest
Which of the following was NOT a factor in the decline of commodity prices during the gilded age?
A. Increased use of silver for currency started an inflationary spiral that hurt farmers' ability to pay off debt.
B. Farmers brought much new land into cultivation, thus increasing production and driving down prices.
C. To compete with high domestic prices, American businesses began importing grain and other foodstuffs from Central and South America.
D. Farmers, who were heavily in debt, produced more food than the market could support at good prices.
E. Innovations in transportation brought American farmers more into competition with farmers around the world.
A. Increased use of silver for currency started an inflationary spiral that hurt farmers' ability to pay off debt.
B. Farmers brought much new land into cultivation, thus increasing production and driving down prices.
C. To compete with high domestic prices, American businesses began importing grain and other foodstuffs from Central and South America.
D. Farmers, who were heavily in debt, produced more food than the market could support at good prices.
E. Innovations in transportation brought American farmers more into competition with farmers around the world.