In the South,the Crop-Lien System Along with the Burdensome Credit

question 78

Multiple Choice

In the South,the crop-lien system along with the burdensome credit system

• A) encouraged the planting of cash crops.
• B) nearly disappeared during Reconstruction.
• C) led to crop diversification.
• D) was generally imposed on blacks, but not white farmers.
• E) saw interest rates rise as high as 20 or 30 percent.

---

Definitions:

Technological Advance

The introduction of new technologies or improvements in existing technologies that increase productivity and efficiency.

Demand for Labor

The total amount of labor that employers in the economy are willing to hire at a given wage rate, influenced by factors such as productivity, economic conditions, and regulatory environment.

Marginal Product

The marginal product is the additional output that is produced by using one more unit of a particular input, holding all other inputs constant, in the process of production.

Mechanics

The branch of physics that deals with the motion of objects and the forces that affect that motion.