Title: 1983 DBQ
|Date:||July 18, 2005|
|Length:||4 / 1042|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
Banks in turn would take advantage of the naive farmers and raise the interest rates. This would cause the farmers to fall into debt because they would still take the loan from the bank and thought that they would be able to pay them back from their crop profit. Farmers were suffering losses year after year and were forced to have their mortgages foreclosed on, as they saw it, by their Eastern Master...
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Farmers were suffering losses year after year and were forced to have their mortgages foreclosed on, as they saw it, by their Eastern Master. Eventually farmers became the slaves to the Easter Master who ended up taking away everything the farmers had owned. (Doc. D) The complaint of farmers is absolutely valid because the bankers were doing unjust to the farmers...
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