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How did monopolies contribute to the economic challenges that farmers faced in the United States in the late 19th century? Independent farmers were forced to sell their farms when they could not compete with the output of large, commercial farms. Farmers were dependent on industries in which high prices were set by companies that had no competition. Monopolies were exempt from legislation that was intended to regulate business practices. Farmers' options for purchasing seed, livestock, and farm equipment were severely limited when smaller companies were absorbed by
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