USA HISTORY

Detailed explanation-1: -What explanation below explains why railroad companies were able to charge high prices to farmers to ship their crops in the late 1800s? The railroad companies had essentially no competition. They were able to charge high prices because the railroad companies owned the Grange.

Detailed explanation-2: -As farmers fell deeper into debt, whether it be to the local stores where they bought supplies or to the railroads that shipped their produce, their response was to increase crop production each year in the hope of earning more money with which to pay back their debt. The more they produced, the lower prices dropped.

Detailed explanation-3: -The challenges that many American farmers faced in the last quarter of the nineteenth century were significant. They contended with economic hardships born out of rapidly declining farm prices, prohibitively high tariffs on items they needed to purchase, and foreign competition.

Detailed explanation-4: -Analyze the reasons for the emergence of the Populist Movement in the late nineteenth century. Populism emerged in the late 1800s because farmers were frustrated with high debt and low prices, felt that banks and railroads were too powerful, and felt that government was not responsive to the needs of the people.

Detailed explanation-5: -Many attributed their problems to discriminatory railroad rates, monopoly prices charged for farm machinery and fertilizer, an oppressively high tariff, an unfair tax structure, an inflexible banking system, political corruption, corporations that bought up huge tracks of land.