Question

In the mid-1800s, farmers were able to buy farm machinery and other goods on credit. The farmers would have to promise to pay their loan back with interest. Using credit, farmers were able to get the machinery they needed to produce more goods.

What was a disadvantage of paying with credit?

Answer 1

sorry but know one would help me in history

Answer 2

The farmer had to pay more in the end due to interest.
Other citizens looked down on the farmers using credit.
The farmer had a longer period of time to pay off the loan.
A farmer had to pay the product's whole cost all at one time.

Answer 3

those r the answer choices |

Answer 4

You had to be sure to pay it back or you would be in debt forever :)

Answer 5

@uri @iGreen

Answer 6

or anyone else

Answer 7

oh

Answer 8

So...would it be A.

Answer 9

A

Answer 10

100% sure it is A PLEASE FAN AND MEDAL

Answer 11

yup interest is very not good lol

Answer 12

I will thank you!!!!

Answer 13

@Kim21 fan and medal plz

Answer 14

TY :d

Answer 15

@ me for more help