Answer:
A farm crisis describes times of agricultural recession, low crop prices and low farm incomes. The most recent US farm crisis occurred during the 1980s.
Explanation:
One method of driving up prices of a commodity is to create artificial scarcity. Simply put, if farmers produced less, the prices of their crops and livestock would increase. The AAA identified seven basic farm products: wheat, cotton, corn, tobacco, rice, hogs, and milk.
Answer:
They attempted to drive up the price of crops in the market by forming cooperatives
Explanation:
Farmers formed cooperatives which was an avenue to bargain to reach an agreed price of crops which was higher than before.
The price of crops were low because of the excess availability and production of them.
