Thursday, October 24, 2019
American Agriculture
Analyze the ways in which technology, government policy, and economic conditions changed American agriculture in the period of 1865-1900. in your answer, evaluate farmersââ¬â¢ response. The period of 1865-1900 was one of the most crucial times in American history. It was a time period, in which America was mending, repairing, improving, reshaping, and reconstructing its society, economy, culture, and policies. Basically it was changing everything it stood for. This continual change can be seen in the following events that took place during this time. These events are both causes and effects of why America is what it is today. During the Civil War the economy in the North boomed ââ¬â a continuation of the industrial advances from the 1840s. Technology was rapidly moving, economic conditions were rapidly changing, everything in the United States was boomingââ¬âpopulation, expansion, industries, etc. Technology was probably the most vital aspect of this time period. Railroads was/is the most influential thing that happened to the United States. If it wasnââ¬â¢t for railroads, America wouldnââ¬â¢t be what it is today. The railroads were a positive chain reaction. It changed American agriculture, delivering goods from state to state, sea to shining sea, etc. Railroads opened and expanded business in the Far West, where not much has been developed. There was much controversy concerning government policy and economic control. Individual enterprises fought diligently to dominate economic affairs but the government was obligated to intervene when unjust activity was apparent. It was unanimously believed, among businessmen, that the government should have very little say in economic issues, the basis for Laissez-Faire. Laissez-Faire was definitely incorporated in every issue concerning government policy. Many people are outraged with the political speakers. The people are saying that the political leaders have misled them. The Interstate Commerce Act was enacted to limit the freedom and wrongful capital gain of railways to benefit the people. The Senate passed the Sherman Antitrust Act, heavily influenced by the monopolies. The purpose of the act was to oppose the combination of entities that could potentially harm competition. Economic conditions during this time period were extreme. The Depression of 1893 was the most serious blow to the United States politics during the Gilded Age was the five-year depression that began in 1893. When the Philadelphia & Reading Railroad collapsed, a stock market panic ensued. Banks, railroads, & businesses closed, 20% unemployment; led to 1,400 labor strikes in 1894. Coxeyââ¬â¢s Army in 1894 demanded government action to end the depression & job creation programs. Technology, government policy, and economic conditions changed American agriculture for better and for worse. Farmers had many problems during this time. Farmers were plagued by falling prices, high railroad & mortgage rates, & deflationary policies. Farmers usually lashed out at Eastern bankers, railroads, and U. S monetary policies, as well as the continued debate over gold and silver currency. Farmers were generally outraged about overproduction and how they donââ¬â¢t earn enough. There is a lot of supply, but the demand is very low. This time period was probably one of the most changing times in American History. American Agriculture Technology, government policy, and economic conditions changed American agriculture in the period of 1865-1900 in numerous ways. In the late 19th century, new farm machinery made a huge impact. It gave farmers the opportunity to produce more crops then they ever previously been able to produce. Railroads also had an effect on the agriculture. They charged farmers fees that they were barely ever were able to pay back. The industry played a role in which they created monopolies and gained immense amount of wealth which dominated the farmers. The monetary policy along with the steadily dropping prices of agricultural produce led farmers further into debt, eventually producing outcomes such as the crop-lien system and sharecropping. All of these tie into government policy, which, more often than not, favored the large and wealthy industries and monopolies over the farmers. Over the period of 1865-1900, Document A shows that agriculture was steadily declining. Wheat went from $2. 16 a bushel to $. 62. Cotton and corn both declined also, dropping from $. 83 to $. 10 a pound and $. 52 to $. 35 a bushel, respectively. Farmers were gradually losing profit from their produces. They thought they could compensate by producing more and more products, but this eventually caused overproduction and the prices hastily fell. Document A shows the trend of overproduction. Document G shows that all of the farmersââ¬â¢ difficulties could not just be blamed on overproduction alone. Railroad technology grew between 1870-1890 as Document B points out. As farmers exhausted soil in the eastern and central parts of the country, they had to continue spreading westward. As they expanded farther west, they reluctantly became more dependent on the railroads.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.