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What was the Restrictive trade policy that hurt Britain but hurt American shippers and farmers even more?
Embargo Act of 1807
Economic impact on the reconstruction period?
That most sharecroppers and farmers where hurt because of the union blocking of there trade by land and sea.
How did growing mostly cash crops hurt small farmers?
Prices for in-demand cash crops are set in commodity markets. Therefore, small farmers relying of the crop will suffer low prices if a bumper crop is in excess elsewhere.
How did the deflation or decrease in the money supply in the late 1800s affect farmers?
Labor unrest and violence engulfed the nation. Most farmers of the late 1800s were debtors, meaning they owed money. These farmers were hurt by deflation because it meant that their debt must be paid in money worth more than the money borrowed.
How can corporations hurt the small farmers and ranchers?
Large corporations have the funds to buy and maintain large livestock ranches and large farmlands. Because of their size, the corporations benefit from economy of scale. That means they can sell their products at a lower price than small farmers and small ranches. This is a huge handicap in competing with a large company.
