The Principal Cause of a Third Farm Depression Beginning in 1997

question 22

Multiple Choice

The principal cause of a third farm depression beginning in 1997 was

• A)A crop failure in 1998.
• B)The Asian economic crisis.
• C)A decrease in grain prices.

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Definitions:

Bureaucracy

An organizational structure characterized by standardized procedures, hierarchical division of responsibilities, and adherence to fixed rules, often found in governments and large organizations.

Impersonal Organization

Describes entities structured to operate without personal considerations, relying on standardized procedures and roles to achieve objectives.

Hierarchy

A system or organization in which people or groups are ranked one above the other according to status or authority.

Traditional

Adhering to or advocating for the preservation of established customs, ideas, or systems, usually in opposition to modern innovations or changes.