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Which of these best describes why a large percentage of farmers in the late 1800s had high amounts of debt? a. many farmers had been land speculators and lost money when the value of land decreased. b. many farmers had borrowed large amounts of money to pay for land and farm equipment. c. many farmers could not manage money and did not work enough to make a profit. d. many farmers lost large sums of money in the stock market during the panic of 1873.
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